# crypto update

By [Kalumucrypto.eth](https://paragraph.com/@kalumucrypto-eth) · 2025-01-31

---

By the end of 2024, Tesla's Bitcoin holdings ([https://www.coindesk.com/markets/2025/01/29/tesla-marked-up-bitcoin-holdings-valuation-in-q4-booking-a-usd600m-gain](https://www.coindesk.com/markets/2025/01/29/tesla-marked-up-bitcoin-holdings-valuation-in-q4-booking-a-usd600m-gain)) amounted to 9,720 BTC with a market value of $1.076 billion, a significant increase from $184 million in previous quarters. This revaluation boosted the company's GAAP revenue by $600 million, bringing the total GAAP revenue to $2.3 billion.

---

*Originally published on [Kalumucrypto.eth](https://paragraph.com/@kalumucrypto-eth/crypto-update)*