Tesla, the electric car manufacturer company of which Elon Musk is the CEO, has announced its balance sheets for the fourth quarter of 2021. According to the balance sheet, the company did not sell bitcoin (BTC) in the fourth quarter and did not make any additional bitcoin purchases.
Tesla, January 26 In its quarterly earnings report published on $1.26 billion He said bitcoins were unchanged until the end of the fourth quarter.
The company, which did not buy and sell bitcoin in the third quarter, digital asset accounting rules according to $51 million was supposed to report a depreciation. According to digital asset accounting rules, companies that have to report if the price of an asset they hold depreciates within three months cannot show it as a profit on their balance sheets if the value of the digital asset increases.
Recently, the US Securities and Exchange Commission (SEC) rejected MicroStrategy’s request for a method of accounting for bitcoin.
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Tesla in February 1.5 billion dollars purchased bitcoin and 2021 towards the end of the first quarter of the year 10%He had sold it. from this sale $272 million The acquirer did not purchase or sell any bitcoin in the second quarter.