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Tesla Bitcoin buy $1.5 billion payment elon musk | Business News – India TV

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Image Source : AP
FILE - In this Dec. 1, 2020, file photo, SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet for the Axel Springer media award, in Berlin. Tesla says it has invested more than $1 billion in Bitcoin and will accept the digital currency as payment for its electric vehicles. In a regulatory filing Monday, Feb. 8, 2021, Musk’s electric vehicle company said its board approved of the $1.5 billion investment and potentially more in the future.

Tesla has acquired around $1.5 billion in Bitcoin under an investment policy at the electric car maker headed by Elon Musk, and it plans to begin accepting the digital currency as payment for vehicles soon. ....

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Bitcoin value surges past $26,000 to set all-time record high

Updated Dec 27, 2020 | 15:56 IST
On Binance, the largest cryptocurrency exchange by trading volume, Bitcoin was trading at USD 26,286.74, as of 20:45 GMT on Saturday.
Bitcoin value surges past $26,000 to set all-time record high | Photo Credit: Getty
World s most popular cryptocurrency Bitcoin has surged to $26,000 level to set a new high, as per trading data. The cryptocurrency which first made its debut in 2011, reached the historic $20,000 mark in 2017.
According to trading data on Binance which is the largest cryptocurrency exchange by volume, Bitcoin was trading at USD 26,286.74, as of 20:45 GMT on Saturday.
According to CoinMarketCap, an aggregator that compiles data from more than 20 brokers, Bitcoin was trading at $26,270.96 as of 20:47 GMT, a rise of 7.36% over the preceding 24 hours, according to ANI. ....

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