Tesla has been making headlines recently and one of such is the fact that the company has recently made a big US$1.5 billion investment in the popular cryptocurrency Bitcoin which has seen the latter’s value skyrocketing.
But that’s not the only news as the electric car maker is said to be on the verge of accepting payments through Bitcoins in the near future.
As of now, Bitcoin has seen a big 14% surge hitting a new record US$44,000 which analysts believes that Tesla’s involvement would be a game-changer for Bitcoin overtime.
In its filing with the Securities and Exchange Commission (SEC), the electric carmaker stated “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.”
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tesla also stated that it updated its investment policy in order to make the company much more flexible and further diversify its cash return and maintain adequate operating liquidity.