It was announced that Tesla, the automotive manufacturer of which Elon Musk was CEO at the same time as supporting Bitcoin, made a $ 1.5 billion purchase of Bitcoin. In a statement sent by Tesla to the SEC, the firm is expected to accept payments in Bitcoin soon. Bitcoin hits record high of $ 44,000 after announcement.
It was revealed that Tesla CEO Elon Musk did not only support Bitcoin via Twitter, but his company also invested $ 1.5 billion in the world's most popular cryptocurrency.
According to Tesla's statement to the United States Securities and Exchange Commission (SEC), the firm has changed its investment policy and decided to invest in digital assets, physical gold and gold ETFs. In this context, it made 1.5 billion dollars worth of Bitcoin purchases in January.