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- Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the price of Bitcoin to jump 17% to $44,220, a record high.
www.bbc.com › news › business-55939972Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to ...
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Feb 9, 2021 · Bitcoin has hit record highs for a second day after Elon Musk's car company Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency. Bitcoin rose above $48,000 (£34,820) before...
Jul 20, 2022 · 20 July 2022. Getty Images. Tesla, which made waves last year when it revealed a major investment in Bitcoin, has now sold off most of its holdings of the cryptocurrency. The electric car firm...
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Mar 12, 2024 · The crypto wallets of Elon Musk's companies have been located, according to blockchain analytics company Arkham Intelligence. Arkham cross-referenced financial reports with on-chain activity to...
May 18, 2021 · Musk’s latest bitcoin tweet on Sunday night shot the price of the cryptocurrency up by nearly 10 percent. Musk’s tweets, while not necessarily posted for his own financial gain, can greatly...
Jun 14, 2021 · Tesla Inc Chief Executive Officer Elon Musk has tweeted that the electric carmaker will resume allowing Bitcoin transactions when miners who verify transactions use more renewable energy.
Jan 29, 2021 · Musk added #bitcoin to his Twitter bio earlier Friday morning and sent out a cryptic tweet, saying: “In retrospect, it was inevitable.” It adds to the wild volatility in markets this week, as...
Jul 22, 2021 · Despite his recent criticism of bitcoin mining and its environmental impact, billionaire Elon Musk confirmed that he personally owns the cryptocurrency and has held it long-term.
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