Will Telsa accept bitcoin?

Telsa ( TSLA) revealed in a securities filing that the electric car company has purchased $1.5 billion worth of bitcoin and expects to accept the cryptocurrency for its products in the future.

Why did Tesla buy bitcoin?

Tesla announced Monday it has bought $1.5 billion worth of bitcoin. In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.” Spooked investors have pulled billions of dollars off Binance. Data suggests fears may be overblown

What are the best places to buy bitcoin?

Regal Cinemas, Gamestop, Jamba Juice, and Baskin Robbins are among the many other merchants now willing to take the jump into Bitcoin. Newegg is a company well known in the cryptocurrency community for purchasing cryptocurrency mining hardware. They sell all sorts of computer hardware on all ends of the spectrum.

Did Elon Musk raise the price of bitcoin?

The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages on Twitter. Tesla announced Monday it has bought $1.5 billion worth of bitcoin.