Elon Musk’s Tesla Has Invested $1.5 Billion Into Bitcoin – Decrypt

Tesla has invested $1.5 billion into Bitcoin, according to a SEC filing today.

“Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. 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,” it said.

This story is breaking and will be updated shortly.

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