Bitcoin Hits All-Time Record, Topping $43,000 as Tesla Confirms $1.5 Bn Investment

CC BY-SA 2.0 / Antana / Bitcoin statistic coin ANTANAAn artist's concept of gold Bitcoin coins
An artist's concept of gold Bitcoin coins - Sputnik International, 1920, 08.02.2021
Subscribe
The cryptocurrency’s price has soared once again after the electric vehicle and clean energy company announced it invested roughly $1.5 billion in Bitcoin in January.

The world’s most popular cryptocurrency, Bitcoin, hit another all-time record and climbed over $42,000 on Monday, according to data from the CoinMarketCap portal.

The price skyrocketed as Tesla confirmed it invested $1.5 billion in the cryptocurrency in January. Bitcoin is now at $43,625 amid the news.

SpaceX founder and chief executive Elon Musk speaks after announcing Japanese billionaire Yusaku Maezawa as the first private passenger on a trip around the moon, Monday, Sept. 17, 2018, in Hawthorne, Calif - Sputnik International, 1920, 10.01.2021
World
Who Wouldn't, Sir? Elon Musk Says He Wants to be Paid in Bitcoin

In order to provide more flexibility to further diversify and maximise returns, Tesla updated its investment policy in January 2021, according to the US Securities and Exchange Commission. The new policy suggests that the company should invest more capital in alternative reserve assets, such as digital assets, gold bars, exchange-traded funds, and others.

Previously, in January, Tesla and Space X CEO Elon Musk took to Twitter and tagged Bitcoin in his Twitter biography. Shortly after Musk's post, Bitcoin surged, reaching a high of $37,060.

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала