🚗💰 Tesla surprises with a $600M increase in its Bitcoin holdings in Q4, thanks to a new accounting rule that allows for adjusting the value of digital assets on a quarterly basis. According to Arkham Intelligence, Tesla owns 11,509 BTC, valued at $1.19B. The FASB accounting update, effective from December 2023, allows cryptos to be reported at market value, better reflecting financial strength. What do you think about this strategy by Tesla? Comment below!