Tesla buys $1.5B in Bitcoin, will accept as payment soon
Shortpedia
Content Team
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Tesla has acquired around USD 1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon. The California company revealed the new strategy in a filing with the U.S. Securities and Exchange Commission early Monday, saying its investment in digital currency and other “alternative reserve assets” may grow.
