• Tesla
• 08 Feb, 2021

Bitcoin hit a record high on Monday after Elon Musk's electric car maker Tesla revealed that it has bought about $1.5 billion of the cryptocurrency and will soon let buyers purchase vehicles using it. Bitcoin's price topped $44,000, up more than 12% in morning trading on the news, buried in Tesla's annual report. The report says Tesla has "invested an aggregate $1.50 billion in bitcoin," adding that it "may acquire and hold digital assets from time to time or long term".
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