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Tesla Buys 1.5bn in Bitcoin
- pattusk 6y agoThereafter, 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. https://ir.tesla.com/_flysystem/s3/sec/000156459021004599/tsla-10k_20201231-gen.pdf https://ir.tesla.com/_flysystem/s3/sec/000156459021004599/ts...
- lambda_dn 6y agoFirst step in the move to bitcoin being the new global currency.
- monkeydust 6y agoSo now you invest in a company you might be unexpectedly taking exposure in bitcoin. Makes the treasury department interesting!