Tesla buys $1.5B in Bitcoin, will accept as payment soon

Tesla buys $1.5B in Bitcoin, will accept as payment soon

3 years ago
Anonymous $K6XgmDN5_o

https://apnews.com/061817c6795e75d1c3c9e9d6cfc4a911

SILVER SPRING, Md. (AP) — Tesla has invested around $1.5 billion in Bitcoin and said it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 15% to above $43,000 Monday.

The California-based electric car maker headed by Elon Musk revealed the new strategy in a filing with the U.S. Securities and Exchange Commission, saying its investment in digital currency and other “alternative reserve assets” may grow.

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