Did a Reddit user announce Tesla's purchase of bitcoin?

(Reuters) - A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said the electric carmaker had bought $800 million worth of Bitcoin.

How long does it take to buy bitcoin?

Finally, Bitcoin purchases are not instantaneous like many other equity purchases. Because miners must verify Bitcoin transactions, it may take you at least 10 to 20 minutes to see your Bitcoin purchase in your account. Like a stock, you can buy and hold Bitcoin as an investment.

How much bitcoin has Facebook bought in recent months?

The company itself on Monday announced it had purchased a $1.5 billion stake in bitcoin - a disclosure that came more than a month after the possible social media leak.

Who owns bitcoin?

“Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.” While the idea that anyone can edit the blockchain might sound risky, it’s actually what makes Bitcoin trustworthy and secure.