Tesla Bets Big On Bitcoin, Plans To Accept Cryptocurrency | Bloomberg

Tesla Inc. invested $1.5 billion in Bitcoin and signaled its intent to begin accepting the cryptocurrency as a form of payment, sending prices to a new record after the vote of confidence from the electric-car market leader. The Palo Alto, California-based manufacturer said in a filing Monday it made the bet on Bitcoin after updating its investment policy last month to allow the company to invest in digital assets as well as gold bullion and gold exchange-traded funds. Read full story here: Tesla Bets Big On Bitcoin, Plans To Accept…

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