Tesla buys $1.5b in Bitcoin and is looking to accept the crypto as a form of payment in the near future…
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in Bitcoin
Tesla buys $1.5b in Bitcoin and is looking to accept the crypto as a form of payment in the near future…
epeakin
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32 Comments
This is how it begins.
Coinbase down in 3, 2, 1…
woke up to 39k, made coffee, got back to office downstairs and its 44k. miracle
[https://www.youtube.com/watch?v=P1p7gjWEDmU](https://www.youtube.com/watch?v=P1p7gjWEDmU)
That’s 34,875 BTC
Nice stash.
An influential company just made one of the largest Bitcoin purchases in history to diversify their portfolio.
Many more will follow.
So instead of lambos well all get teslas, sounds good
From the sec filling:
“In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity. As part of the policy, which was duly approved by the Audit Committee of our Board of Directors, we may invest a portion of such cash in certain alternative reserve assets including digital assets, gold bullion, gold exchange-traded funds and other assets as specified in the future. Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.”
Yeah just wait till west coast wakes up. It’s going to go nuts.
1 btc = 1 tesla
Watching that 42k sellwall melt live was a thing of beauty.
$50k here we come.
ALL
TIME
HIGH
!
Are you ready for this?
Oh the irony of having $4.73 in my bank, and $57000 in crypto
I wonder if Uncle Elon decided it was time to buy 1.5bn at the fixed price of 35,655.70.
$1,500,000,000 / $35,655.70 = 42,069.01 BTC
Holy Mother of God…
60 to 100k next. Guess I have to buy a Tesla now.
Man I don’t fcking know what to say. For the past 4 years I told my friends to look into bitcoin but everybody always said ‘Na sooner or later you will loose everything’ and did not understand my excitement. But now look at us! History is in the making and everyone of us, 10 BTC or 100 Satoshi, is a fcking part of it. I love this community and I love BTC! HODL!
Doge was the distraction. Bitcoin was always the play. Elon’s too woke, to the moon we go 🚀
Remember this day in a few years.. mark it 🚀
If you are here, witnessing this and know what this means, consider yourself lucky.
We are truly witnessing history in the making.
Lol at people selling their coins whilst we’ve just had some of the most bullish news we’ve possibly ever had. Anyone looking to sell right now needs their head examined.
You guys do realize what this means right? You think Amazon, Google etc are gonna sit idle on the sidelines? Now they practically have to convert some of their holdings into Bitcoin.
Pull up !
To Mars and beyond!!
its official , adoption is here
The market cap grew 18 billion the 40 following minutes. Crazy.
Thank you Elon. Thank you r/bitcoin. Thank you Satoshi. Thank you to all my ex girlfriends for leaving me so I had money to invest in bitcoin.
I sold yesterday at 38000.
I made this happen.
It’s happening! 🧨🧨🧨
Awesome. And the greatest effect will be noticable only after a longer period of time. Because both retail and companies will see this as a sign to step in, with Tesla has an enourmous reputation as innovator.
Good for the price, even better for general acceptance of bitcoin in the ‘normal’ economy.
This Is Good For Bitcoin