Tesla has introduced that it has bought $1.5 billion of Bitcoin, with the knowledge coming from Tesla Motors’ submitting with the Securities and Trade Fee (SEC).
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The information despatched the worth of Bitcoin off on a visit to the moon, skyrocketing from $39,500 or so proper by means of $40,000 and proper into $43,000 on the time of writing — an increase of over 13% up to now. Dogecoin can also be rising by across the identical quantity, a coin that Tesla Motors and SpaceX founder Elon Musk has been tweeting heaps about these days.
Musk not too long ago added #Bitcoin to his Twitter profile, however the information of Tesla truly accepting Bitcoin as a cost technique is the large information right here. This can be a gigantic step for the corporate, for Bitcoin, presumably for Dogecoin with Musk continuing to pump it on his Twitter, and for cryptocurrency normally.