Perhaps we will see Bitcoin crest that $100k mark by year-end with Tesla’s ringing endorsement.
In February, we reported that Tesla went in on Bitcoin, investing $1.5 billion and laying the groundwork to accept payments using the cryptocurrency. Since then, Bitcoin is up over $13,000, which has earned Elon Musk ’s company in the neighborhood of $480 million. Now, Tesla intends to increase its amassed wealth by allowing new Tesla purchases to be completed using Bitcoin. In a brief series of Tweets overnight, Musk announced that Tesla is now accepting Bitcoin payments within the US.
