Tesla (TSLA) buys $1.5B in bitcoin, pushing the crypto to all-time high; plans to accept as payment
February 9, 2021
Tesla today announced that it had purchased $1.5B in bitcoin, pushing the cryptocurrency to an all-time high, currently approaching $44,000. The company announced the move in an SEC filing today and says it plans to accept the currency as payment for its products and services.
Tesla noted in its 10-K this morning:
In January 2021, we updated our investment policy to provide us with more…