TESLA BUYS $1.5B IN BITCOIN, WILL ACCEPT AS PAYMENT SOON
Feb 13, 2021
3 minutes
Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car.
Electric automaker Tesla said that it has invested around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon. The price of Bitcoin soared 20% to around $47,000 Monday in reaction to Tesla’s announcement, according to CoinBase.
The California-based electric car maker headed by
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