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Tesla invested $ 1.5 billion in bitcoin. Cryptocurrency rate soared above $ 44 thousand.
Tesla automaker invested $ 1.5 billion in bitcoin. Writes about this TechCrunch with reference to the company’s report to the US Securities Commission. After the release of this information, the price of bitcoin rose by 13%, exceeding $ 44.7 thousand at its peak.
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Tesla executives explained their actions by updating the investment policy, which they adopted in January. An organization can invest in gold, digital assets and other analogs. The company claims that diversification of funds is necessary for greater flexibility and maximization of profits. In addition, in the future, the automaker plans to accept bitcoins as payment for its products.
Bitcoin exchange rate change for February 8
Earlier, Elon Musk spoke out several times about digital currencies. At the end of January, he added the hashtag #bitcoin to his Twitter account. This led to an increase in the value of the first cryptocurrency by 14%. A few days after, he called himself a supporter of bitcoin, adding that this currency should have been purchased eight years ago.
We add that on February 4, Musk posted the word Doge on Twitter, which led to a surge in the value of Dogecoin. In 15 minutes, the price increased by 19%, and the daily increase was 47.5%.