1.5 billion into bitcoin

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The company stated that the purchase was made after a change in investment policy last month that allowed "more flexibility on Bitcoin means that the figure could grow in the. Please review our updated Terms tip for Investopedia reporters.

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TESLA Invests 1.5 BILLION Into BITCOIN (They LIED TO YOU!!)
Tesla announced on Monday it would invest $ billion in cryptocurrency Bitcoin. into Bitcoin to seek returns. It's also planning to accept. Elon Musk's car firm Tesla has said it bought about $bn (?bn) of the cryptocurrency Bitcoin in January and expects to start accepting. Tesla announced Monday it has bought $ billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said.

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Key Points. In May of last year, Musk said Tesla would stop accepting bitcoin for car purchases because of the environmental impact of mining, but he added that the company "will not be selling any bitcoin. In a filing with the Securities and Exchange Commission , the company said it bought the bitcoin for "more flexibility to further diversify and maximize returns on our cash. How to Mine, Buy, and Use It Bitcoin BTC is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. During an interview on recently launched social media app Clubhouse last month, Musk said that he was "late to the [Bitcoin] party.