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Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency...
Tesla Inc invested about $1.50 billion in bitcoin, the electric carmaker said in an annual filing....
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A look at what the fuss is all about?
Analysts said it could help accelerate a move for bitcoin move towards the mainstream that has seen both Paypal, also co-founded by Musk, and huge global money manager BlackRock move to accept the currency.
Elon Musk's Tesla buys bitcoin worth USD 1.5 billion, to accept as payment soon - Musk said a week ago that bitcoin was "on the verge" of being more widely accepted among investors.