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Tesla invests approx. $1.5 bln in bitcoin

23:09

Tesla invests approx. $1.5 bln in bitcoin
Source: James Duncan Davidson Copyright: CC BY-NC 3.0

Tesla has invested approximately $1.5 billion in bitcoin and informed that in the near future it will start accepting payments in this cryptocurrency, including for its cars. The decision to invest in cryptocurrency is part of Tesla's wider investment policy, which plans to diversify profits in the near future.

The company, owned by Elon Musk, which produces primarily electric cars, has announced that digital resources can be obtained by Tesla both in the temporary and long-term.

After the announcement of this information, the price of one bitcoin cryptocurrency token increased by 7 percent, to over $43,000. 

Tesla CEO Elon Musk has recently changed his bio on Twitter, entering only one word – "#bitcoin". According to the media, investors interested in cryptocurrencies read the news as an expression of Musk's commitment to investing in bitcoin, the value of which began to rise rapidly.

(PAP)


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