• Latest
  • Trending

BREAKING: Tesla buys $1.5 billion of Bitcoin, set to accept BTC as payment

February 8, 2021
Visa powered no-limit Bitcoin credit card launched in UAE

Visa powered no-limit Bitcoin credit card launched in UAE

July 6, 2022
India Crypto Influencers

Indian crypto influencers not following government advertisement regulations

July 6, 2022
Meta announces closure of crypto wallet, Novi from 1 September 2022

Meta announces closure of crypto wallet, Novi from 1 September 2022

July 5, 2022
Switzerland will hold its first World Crypto Conference 2023

Switzerland will hold its first World Crypto Conference 2023

July 5, 2022
Klever Ninjas builds products for financial inclusion to empower millions

Klever Ninjas builds products for financial inclusion to empower millions

July 5, 2022
The Impossible Finance x Aura Network x Klever Exclusive Whitelist Allocation Campaign

Win AURA whitelist allocation via Impossible Finance’s Launchpad, participate now

July 5, 2022
Why build our own Blockchain?

Why build our own Blockchain?

July 4, 2022
Blockchain Scalability

Scalability & Performance on KleverChain

July 4, 2022
Apply to write Klever News content

Apply to write Klever News content

July 4, 2022
Rollout Phases of Klever Blockchain Features

Rollout Phases of Klever Blockchain Features

June 30, 2022
South African Brothers allegedly stole $3.6B worth Of Bitcoin from “Africrypt” investors

South African Brothers allegedly stole $3.6B worth Of Bitcoin from “Africrypt” investors

June 29, 2022
buy KNC

How can KNC be used in Klever Wallet

June 29, 2022
Klever
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
  • Login
  • Register
Klever News
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap
No Result
View All Result
Klever News
No Result
View All Result

BREAKING: Tesla buys $1.5 billion of Bitcoin, set to accept BTC as payment

Misha Lederman by Misha Lederman
February 8, 2021
in Global
Reading Time: 2 mins read
405 17
A A
0
Share on FacebookShare on Twitter

Bitcoin broke a new all-time high as Tesla revealed through a filing with the SEC that they have invested $1.5 billion in Bitcoin, and are planning to accept BTC as a form of payment in the future.

Elon Musk’s Tesla has revealed through a fresh filing with the Securities and Exchange Commissions (SEC) that they have invested $1.5 billion in Bitcoin. The company also confirmed that they expect to begin accepting Bitcoin as a form of payment for their products in the near future.

JUST IN: @Tesla officially invested 1,5 billion USD in #bitcoin according to filings with the SEC!

Source: @MMCrypto pic.twitter.com/TPdICARvYI

— Misha Lederman (@mishalederman) February 8, 2021

Tesla wrote in the filing:

“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…”.

To find the entire SEC filing by Tesla please click the link below:

In mere minutes, Bitcoin instantly rose from $39k to a new all-time high of $44,9k at the time of writing, growing over +14% on the news. This instant market reaction underscores the monumental nature of Tesla going public with their Bitcoin purchases, which cannot be understated.

You might also like

Visa powered no-limit Bitcoin credit card launched in UAE

Visa powered no-limit Bitcoin credit card launched in UAE

July 6, 2022
3.4k
India Crypto Influencers

Indian crypto influencers not following government advertisement regulations

July 6, 2022
3.3k

The move is a game changer for the entire crypto industry, as the world’s wealthiest man Elon Musk and one of the world’s largest and most futuristic companies under his leadership have made it official that Bitcoin is part of their balance sheet.

Moreover, the fact that Tesla is planning to accept Bitcoin as a form of payment in the near future for their products increases the belief in BTC as a form of payment for goods and services worldwide. This in turn makes it more plausible for other companies to follow Tesla’s lead, which would make BTC accepted as a currency and payment on a more mainstream and broader level globally than it is today.

Sincerely,

Misha Lederman

Director of Communications at Klever.io








Previous Post

Klever Weekly Newsletter – February 05

Next Post

TRON Proposal 51 Set To Make TRX Deflationary Asset

Misha Lederman

Misha Lederman

Related Stories

Visa powered no-limit Bitcoin credit card launched in UAE

Visa powered no-limit Bitcoin credit card launched in UAE

by Jagdish Kumar
July 6, 2022
0
3.4k

Even though the cryptocurrency market has been showing a downward trend for a few months now, it does not stop...

India Crypto Influencers

Indian crypto influencers not following government advertisement regulations

by Jagdish Kumar
July 6, 2022
0
3.3k

While the government has asked crypto influencers to follow advertisement guidelines on their social media handles, these influencers are not...

Meta announces closure of crypto wallet, Novi from 1 September 2022

Meta announces closure of crypto wallet, Novi from 1 September 2022

by Jagdish Kumar
July 5, 2022
0
3.5k

Meta, formerly known as Facebook, which strived to build an ecosystem of cryptocurrencies, has decided to shut down its cryptocurrency...

Switzerland will hold its first World Crypto Conference 2023

Switzerland will hold its first World Crypto Conference 2023

by Jagdish Kumar
July 5, 2022
0
3.4k

Conferences in Switzerland do attract a lot of attention. From 13 to 15 January 2023, a global conference on cryptocurrency...

Next Post

TRON Proposal 51 Set To Make TRX Deflationary Asset

Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recommended

Ethereum

Coin of the Week: Ethereum (ETH)

November 14, 2021
3.3k
Tron (TRX)

Coin of the Week: Tron (TRX)

May 19, 2022
3.4k

Popular Story

  • bitcoin news

    Bitcoin battles back from record losses to $21,000

    1845 shares
    Share 738 Tweet 461
  • Klever showcases its blockchain ecosystem on a Time Square billboard

    2334 shares
    Share 934 Tweet 584
  • K5 adds new blockchain and KleverSafe support in the latest Android version

    1490 shares
    Share 596 Tweet 373
  • Love Monster joins forces with Klever

    2382 shares
    Share 953 Tweet 596
  • Rollout Phases of Klever Blockchain Features

    1124 shares
    Share 450 Tweet 281

Follow us on Twitter

Klever News

Join the Klever community
Growing together we are stronger.
Be sure to follow us on social media to stay up to date.

Categories

  • Announcements
  • Coin of the Week
  • Education
  • Exchange
  • Global
  • Hardware Wallet
  • Market Updates
  • NFTs
  • Opinions
  • Sponsored
  • Wallet
  • Wallet
Download Klever Wallet Download Klever Wallet Download Klever Wallet
ADVERTISEMENT

Recent News

Visa powered no-limit Bitcoin credit card launched in UAE

Visa powered no-limit Bitcoin credit card launched in UAE

July 6, 2022
India Crypto Influencers

Indian crypto influencers not following government advertisement regulations

July 6, 2022
  • Marketcap
  • Sponsored Content
  • Advertise
  • Contact Us

© 2022 Klever News - Premium Crypto news & insights by Klever Finance.

  • Login
  • Sign Up
No Result
View All Result
  • Home
  • Global
  • Exchange
  • Wallet
  • Education
  • NFTs
  • Announcements
  • Opinions
  • Marketcap

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Clear Clear All
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00