Bitcoin breaks record after Tesla buys $ 1.5 billion of bitcoin

Tesla, the electric car manufacturer founded by Elon Musk, announced that it bought $ 1.5 billion of Bitcoin in January and will soon be able to accept payments with this crypto currency. After this announcement, Bitcoin’s value increased by 14 percent, breaking a new record and reaching $ 43,968.

 

Tesla notified the US Securities and Exchange Commission (SEC) about its assets in Bitcoin.

 

In the company’s statement, it was stated that Tesla has updated its investment policies “to allow investment in alternative reserve assets, including digital assets.”

 

In the statement, it was noted that this will “diversify and minimize the company’s revenue sources”.

‘We can accept payments with bitcoin’

In the company statement, it was stated that after the approval of the audit commission, $ 1.5 billion of Bitcoin was purchased in accordance with these investment policies and that Tesla may keep digital assets from time to time or for long term:

 

“Moreover, we hope to accept Bitcoin as a form of payment for our products in the near future, within the legal framework and in a limited amount in the first place. We may or may not convert digital assets (which will enter our vault) into cash.”

 

When Elon Musk put the Bitcoin hashtag on Twitter, which had more than 46 million followers, the value of crypto money increased by 20 percent.

 

Musk later removed this hashtag.

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