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13 May 2021

Tesla Has Already Made a Lot of Money on Its BTC Investment | Live Bitcoin News

Tesla Has Already Made a Lot of Money on Its BTC Investment | Live Bitcoin News


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It has only been about ten weeks since Tesla – the electric car company developed by South African entrepreneur Elon Musk – first purchased more than $1.5 billion in BTC units, and already the purchase appears to be making a serious dent in the country’s finances.

Tesla is now one of the companies that appears to be making the initial goals of bitcoin a reality, and the asset has moved up in price.

However, Tesla is one of the few major institutions to now say that bitcoin can be used to purchase items.

In addition, the company has announced that any bitcoin used to purchase cars in the future will not be converted into fiat.

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