Last Minute: Tesla Plans to Accept Bitcoin as Payment Method! - News-Credit-Mortgage-Coin

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Monday, February 8, 2021

Last Minute: Tesla Plans to Accept Bitcoin as Payment Method!

 



According to an application to the SEC, we informed you as Kriptokoin.com that Tesla purchased $ 1.5 billion worth of Bitcoin on Monday. The company purchased Bitcoin to provide "more flexibility to further diversify and maximize cash revenues," according to the application.


Tesla offers the option to pay with Bitcoin

Tesla said that in addition to buying Bitcoin, it will also start accepting Bitcoin-denominated payments for its products. This will make Tesla the first major automaker to accept Bitcoin as payment.


The move came after CEO Elon Musk tweets about cryptocurrencies, especially Bitcoin and Dogecoin, in recent weeks.


Following Tesla's announcement, Bitcoin rose over 10% on Monday and BTC set a new record. The cryptocurrency broke the $ 43,000 level for the first time, reaching $ 43,300 levels. Tesla shares also rose by 2%. Bitcoin has dropped to $ 42,400 levels at the time of writing.

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