TechFlow news, October 23: According to CoinDesk, Tesla (Tesla, TSLA) held steady its holdings of 11,509 bitcoins (BTC) in the third quarter and recognized approximately $80 million in gains due to price increases, with the ending valuation of digital assets around $1.35 billion. The company's Q3 revenue reached $28.1 billion, exceeding the market expectation of $26.36 billion; adjusted earnings per share were $0.50, below the expected $0.54. Under the new FASB rules, the company is required to recognize quarterly changes in the fair value of crypto assets. After-hours trading saw the stock price slightly decline to around $434.
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