Tesla buys $1.5 Billion Worth of Bitcoin

2021-2-8 16:02

Electric-car manufacturer Tesla has according to its SEC filing acquired $1. 5 billion worth of Bitcoin. According to reports the company has mentioned that it intends on diversifying its cash reservesThe post Tesla buys $1.

5 Billion Worth of Bitcoin appeared first on AMBCrypto. .

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bitcoin tesla worth billion according buys diversifying

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Analyst Explains Rationale Behind Tesla’s New Stance On Bitcoin

Elon Musk recently set the cryptocurrency community ablaze when he announced Tesla’s withdrawal in accepting Bitcoin as a payment medium. The company’s sole reason for backpedaling on its decision to accept Bitcoin is tied to the asset’s level of energy consumption which Tesla believes is highly unsustainable despite Bitcoin being a promising digital currency in […]

2021-5-15 16:09