Tesla buys $1.5 billion in bitcoin, sending its price soaring

Tesla buys $1.5 billion in bitcoin, sending its price soaring

3 years ago
Anonymous $K6XgmDN5_o

https://arstechnica.com/tech-policy/2021/02/tesla-buys-1-5-billion-in-bitcoin-sending-its-price-soaring/

The price of bitcoin rose to a new record above $43,000 on Monday after Tesla reported that it had purchased $1.5 billion of the world's most valuable cryptocurrency. In a regulatory filing, Tesla also announced that it expected to "begin accepting bitcoin as a form of payment for our products in the near future."

Tesla said that this would be "initially on a limited basis, which we may or may not liquidate upon receipt."