Internet reports that according to the latest financial report, the price of Bitcoin held by Tesla rose by 30% in the second quarter of this year, and its current market value is approximately US$1.2 billion. This portion of the gain benefited from the latest change in U.S. accounting standards-a new rule that benefits Tesla. According to BitcoinTreasuries, Tesla currently holds 11,509 bitcoins, ranking 10th among listed companies holding crypto assets in the world. The current bitcoin price is about US$118,000, a significant increase from US$83,000 on April 1. Previously, the U.S. Financial Accounting Standards Board (FASB) approved a new rule that allows companies to report their crypto assets at fair market value quarterly starting in the first quarter of 2025. This change replaces the previous conservative approach of "counting at lowest value". Previously, even if Bitcoin rebounded and rose during its position, the company could not reflect gains on its balance sheet. Tesla's Bitcoin appreciation can now be reflected on a quarterly basis, providing shareholders with a clearer view of asset performance. The financial report also showed that Tesla's revenue for the quarter was US$22.5 billion, higher than analysts 'expectations of US$22.3 billion; earnings per share were US$0.40, in line with market expectations.