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“# Tesla allocates 7.7% of gross cash to Bitcoin ” Tesla (TSLA) sent shockwaves across the financial markets Monday after a United States Securities and Exchange Commission filing confirmed that the electric vehicle maker has added Bitcoin (BTC) to its balance sheet. Tesla’s latest Form 10-K filing for the fiscal year ended Dec. 31, 2020…
“# Major exchanges struggle as Bitcoin pumps on $1.5B Tesla investment ” Service outages have been reported at major cryptocurrency exchanges on Feb. 8, following the news that Tesla invested $1.5 billion in Bitcoin (BTC). As Cointelegraph reported earlier, news of Tesla’s sizeable investment broke after the discovery of a filing with the U.S. Securities and…
“# Bitcoin goes into ludicrous mode as it briefly flippens Tesla ” Earlier this morning, Tesla Motors announced that it had allocated part of its balance sheet to Bitcoin. Not even two hours have passed, and the crypto asset’s market cap briefly exceeded that of the car manufacturer itself. For a short time today, Bitcoin…
“#Tesla buys $1.5B in Bitcoin, plans to accept it as payment” Bitcoin surged to an all-time high Monday after Tesla said it bought $1.5 billion worth of the cryptocurrency. The digital coin climbed 16 percent from a day earlier to a record of $44,801.87 after Elon Musk’s electric-car maker revealed the hefty investment in a…
“# Tesla expects to begin accepting Bitcoin for payment ” Elon Musk’s Tesla Motors is following in the footsteps of MicroStrategy and other companies by allocating part of its balance sheet to Bitcoin (BTC). In Monday’s filing with the Securities and Exchange Commission, the company announced it had purchased an aggregate of $1.5 billion in…
“# Bitcoin hits $43K all-time high as Tesla invests $1.5 billion in BTC ” Bitcoin (BTC) jumped by almost $3,000 in minutes on Feb. 8 as reported emerged that Tesla had bought $1.5 billion worth of BTC. BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview BTC price soars above $43,000 Data from Cointelegraph Markets and TradingView…
“# Bitcoin’s Musk effect: Research shows how Elon moves cryptocurrency prices ” The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE). Blockchain Research Lab published a paper on Jan….
“#Elon Musk takes break from Twitter after market-moving posts” Investors who take their cues from Elon Musk may have to go without his occasionally bizarre musings for a spell. The billionaire Tesla boss went on a Twitter hiatus after making several posts that moved markets in recent weeks. “Off Twitter for a while,” Musk wrote…
“# BTC billionaire Tim Draper to Elon Musk: I’d buy the Tesla Cybertruck with Bitcoin ” Tim Draper, the billionaire Bitcoin (BTC) investor who also invested early in Tesla, reacted to the company’s CEO and world’s richest man, Elon Musk, adding #Bitcoin to his Twitter bio to join the likes of Twitter CEO Jack Dorsey…
“# Elon Musk adds Bitcoin to Twitter bio with 43.7M followers ” When the richest man in the world Elon Musk updated his Twitter bio on Jan. 29 — simply adding the word ‘Bitcoin’ — it was followed by a near-immediate 13% increase to the Bitcoin (BTC) spot price. Musk’s bio appeared to be updated…