Tesla invests in Bitcoin, price skyrockets

Tesla buys Bitcoin for no less than $ 1.5 billion (€ 1.25 billion). It sees it as a means of payment of the future and also wants to accept Bitcoin as such. The price of the crypto coin shot up immediately.

Tesla CEO Elon Musk started the week by asking his followers on Twitter if Bitcoin is the payment method of the future. The response was overwhelmingly positive and Tesla then announced in an official statement that it is investing heavily in Bitcoin. It has bought $ 1.5 billion worth of Bitcoin. As a result, the value of Bitcoin has immediately increased by about 10 percent to almost $ 43,000 (€ 35,750) per Bitcoin. The highest setting ever.

The fact that Tesla puts so much money into it is more than an investment from the company. Tesla says it also wants to sell cars and products against payment with the crypto coin. In addition, Tesla undoubtedly hopes to benefit from the increase in value of Bitcoin, which has now also given it a significant boost. Anyone who currently owns about 1.3 Bitcoin can buy a Tesla Model 3 Standard Range Plus. To illustrate, if you had bought 1.3 Bitcoin ten years ago, you would not have spent a dollar on it.

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