Elon Musk’s tech company Tesla has bought $1.5 billion worth of Bitcoin, various sources reported today.
According to CNBC’s Carl Quintanilla, the figure was revealed in Tesla’s 10-K filing with the US Securities and Exchange Commission.
“TESLA 10-K: “.. we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future,” Quintanilla wrote.
No further details have been revelead at press time.
This story will be updated as it develops.
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Source: Breaking: Tesla invests .5 billion in Bitcoin, reports say