# crypto update

**Published by:** [Kalumucrypto.eth](https://paragraph.com/@kalumucrypto-eth/)
**Published on:** 2025-01-31
**URL:** https://paragraph.com/@kalumucrypto-eth/crypto-update

## Content

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) 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.

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