Tesla is investing a huge amount in Bitcoin and causing its value to rise - Tech AI Expert

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Feb 9, 2021

Tesla is investing a huge amount in Bitcoin and causing its value to rise

Tesla is investing a huge amount in Bitcoin and causing its value to rise

New developments in the technical arena during the past few hours regarding the digital electronic currency Bitcoin, which has witnessed a significant increase since the end of last year and during the beginning of this year, prompting many investors to invest in it, and the last of these is the giant Tesla electric car manufacturer


And controversial businessman Elon Musk announced that his electric car company, Tesla, has invested a huge amount in Bitcoin, amounting to 15 billion US dollars, and with this huge investment, Elon Musk says that future buyers will be able to rely on these Currency in order to buy new cars from Tesla, and the company indicates that it aims from this new step to diversify and increase investment returns to join other large companies that have taken the same step in order to make bitcoin a currency for trading in terms of business


The huge investment from Tesla in the digital currency Bitcoin did not go unnoticed, because it was the main reason for the increase in the value of the currency during the past hours, to reach now above 46,000 US dollars, after crossing the threshold of 47,000 US dollars earlier, thus Bitcoin continues its series of positive results Which started a few months ago, exactly as we indicated in the past, since the end of last year 2020


And it seems that the new step will be very important not only for Tesla, but for other companies, especially in the technical world, that may join Tesla in a similar step, and therefore the saying that Bitcoin is just a bubble may become a thing of the past, especially with the continuous calls for more Rationing him.

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