Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Share Post: Reddit Facebook
Tesla buys $1.5B in bitcoin, may accept the cryptocurrency as payment in the future
#1
Quote:Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a form of payment for its cars, though it did allow that there is some regulatory uncertainty around that effort.
As the news broke, the price of bitcoin instantly rose by around 7% to more than $40,000 per coin.
Tesla had previously telegraphed that it had an interest in the cryptocurrency, however to purchase such a large block of the coin is notable.



source
Reply


Possibly Related Threads…
Thread Author Replies Views Last Post
  Tesla has sold 75% of its bitcoin holdings, electric car maker reveals mrtrout 1 767 07-21-2022 , 08:10 PM
Last Post: dinosaur07
  'Tesla as the World’s Biggest Robot Company:' Elon Musk on AI and U.S. Innovation mrtrout 0 175 01-05-2022 , 04:48 AM
Last Post: mrtrout
  Tesla driver killed in fiery crash hit 90 mph, report says mrtrout 0 187 11-10-2021 , 11:02 PM
Last Post: mrtrout
  China's Cryptocurrency Crackdown mrtrout 0 236 09-28-2021 , 08:18 AM
Last Post: mrtrout
  BLM Co founder buys $1.4M house in MAJORITY WHITE COMMUNITY mrtrout 0 405 04-12-2021 , 05:45 AM
Last Post: mrtrout

Forum Jump:


Users browsing this thread: 1 Guest(s)