Tesla to accept Bitcoin payments and invest $1.5 billion in Bitcoin

Tesla to Accept Bitcoin Payments and Invest $1.5 Billion in Bitcoin

Tesla bought $1.5 billion worth of bitcoin, affected by this news, bitcoin short pull up to $43,000 above a record high, followed by up to $44,849, the highest daily increase of nearly 15%.

Tesla to accept Bitcoin payments and invest $1.5 billion in Bitcoin

As a result, Bitcoin’s market cap has risen to 7th place in global market capitalization assets ($810.7 billion, AssetDash data), surpassing Facebook and Tesla and trailing only Apple, Microsoft, Saudi Aramco, Amazon, Google, and Tencent.

Tesla to Accept Bitcoin Payments and Invest $1.5 Billion in Bitcoin
Tesla to accept Bitcoin payments and invest $1.5 billion in Bitcoin

Tesla previously made an announcement that it expects to begin accepting bitcoin as a form of payment for its products in the near future, will be subject to applicable laws, and will initially be on a limited basis.

Tesla to Accept Bitcoin Payments and Invest $1.5 Billion in Bitcoin

The stock price fell before the market due to the joint interview with Tesla by five departments, but recovered after the news bombing. As of this writing, Tesla is up 2.19% pre-market.

Tesla to Accept Bitcoin Payments and Invest $1.5 Billion in Bitcoin

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