In an investment strategy submitted to the US Securities and Exchange Commission (SEC), Tesla indicates that investment in cryptocurrency and other alternative reserve assets could increase.
Shortly after Tesla’s announcement, Bitcoin rose to $ 43,725.51, the all-time high.
However, since the beginning of the year, the value of Bitcoin has increased by about 50%.
ThinkMarkets analysts point out that this is probably one of the most significant developments in the cryptocurrency industry.
“Tesla is a big player in the automotive industry, and if it starts accepting Bitcoin as a means of payment, it will give the cryptocurrency extra legitimacy,” analysts explain.
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