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Tesla Buys 1.5bn in Bitcoin

4 pointsby pattuskover 4 years ago

3 comments

pattuskover 4 years ago
Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or longterm. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.<p><a href="https:&#x2F;&#x2F;ir.tesla.com&#x2F;_flysystem&#x2F;s3&#x2F;sec&#x2F;000156459021004599&#x2F;tsla-10k_20201231-gen.pdf" rel="nofollow">https:&#x2F;&#x2F;ir.tesla.com&#x2F;_flysystem&#x2F;s3&#x2F;sec&#x2F;000156459021004599&#x2F;ts...</a>
monkeydustover 4 years ago
So now you invest in a company you might be unexpectedly taking exposure in bitcoin.<p>Makes the treasury department interesting!
lambda_dnover 4 years ago
First step in the move to bitcoin being the new global currency.