A few weeks ago, Tesla founder Elon Musk expressed his enthusiasm for Bitcoin, one of the most popular cryptocurrencies in recent years, through his personal Twitter account.
The main reason for its value against the dollar surging by more than 12% in recent days is the significant investment that Tesla has made in Bitcoin. Specifically, we are talking about a capital injection of a whopping $1.5 billion, for which the electric vehicle company has had to adapt its investment policy, as reported in a statement sent to the U.S. Securities and Exchange Commission (SEC).
As part of this investment, Tesla has also announced that it will begin accepting Bitcoin as a form of payment for its electric vehicles in the near future.
Following Tesla’s investment in the cryptocurrency, each Bitcoin is now exchanged for $44,060.
