Elon Musk’s multi-billion dollar company, Tesla, has announced a $1.5 billion bitcoin investment in a filing with the SEC. The post It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin appeared first on Bitcoin Magazine.
A healthy price boost to both BTC and DOGE comes as hodlers can now afford a whole Tesla Model 3 with a single Bitcoin. Bitcoin (BTC) hodlers can now all own a Tesla electric car — as long as they have at least 1 BTC in their wallet.As BTC/USD crossed $34,000 at the weekend and went on to hit $35,600 on Jan. 6, the brainchild of Elon Musk became more affordable than ever.2021 exchange rate: 1 BTC = 1 TeslaAs per pricing on Tesla's official website, the company's entry-level offering, the Model 3, retails at $33,960 in the United States if no environmental fuel rewards are applied. Musk,....
Bitcoin’s price soared higher today on news of Tesla acquiring $1.5 billion worth of BTC to add to their balance sheets This news was revealed in a recent SEC filing and naturally caused the entire crypto market to make a massive move higher This news is already driving massive demand towards Bitcoin, with on-chain data revealing a massive premium on Coinbase This is typically a bullish sign because it signifies that an uptrend is being […]
Analysts say the market is pricing in the potential for other corporate BTC investments.
Chainlink has been lagging behind Bitcoin and the rest of the market throughout the past few weeks This trend is coming to an end, however, as bulls have stepped up and propelled the cryptocurrency significantly higher today It still has a way to go before it sets all-time highs, but its current momentum does seem […]