Entrepreneur and engineer Elon Musk — man whose name is synonymous with boundary-pushing companies like Tesla and SpaceX — just revealed how much Bitcoin he owns. According to Statista.com, records closing in quarter 2 of the year 2020 show a total of 18.52 Million in circulation. In fact, right now, many anticipate that corporate treasurers worldwide will follow Tesla’s lead and take a closer look at an allocation towards cryptocurrencies. Tesla … Elon Musk wasn’t one of the founding fathers of Tesla, but contributed the most money toward the company’s initial development. February 2021 rough estimates put the net worth of Tesla at $100 billion, with market valuation twice that. If these bitcoins eventually fall in value, the company’s economic resources will also be at risk. The company also said it would start accepting bitcoin as a payment method for its products. Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. Tesla's investment in Bitcoin is notable for its size, but other household names are … Tesla is the fifth-largest company in the S&P 500, which is the reason why many […] The Extraordinary Raw Materials in a Tesla Model S. Presented by: Red Cloud Klondike Strike (Equity crowdfunding in mining) The Tesla Model S is the world’s most-wanted electric car, with 100,000 units already sold as of December 2015. The inevitable has happened: You can now purchase a Tesla vehicle with Bitcoin. Furthermore, his company, Tesla, has also announced the purchase of $1.5 billion in BTC, which makes up 7.7% of Tesla’s gross cash position and roughly 15% of the net cash position. Nor, from a risk-management perspective, does it matter that Tesla plans to accept payment in bitcoins. But don’t worry — if you use Bitcoin to buy something from Tesla, we’ll tell you both the US Dollar price and the Bitcoin equivalent price. Either way, the move is a game-changer and could be the catalyst for other big companies to move into Bitcoin. The Tesla share price rose. It was a $1.5 billion dollar gamble. The company allows its users to purchase Bitcoin directly through its app. After all, many Bitcoin bulls see the currency eventually hitting $150,000. More so, Wall Street and their stooge SEC hates Tesla, and bitcoin is an easy way for them to make Musk's life difficult. The buzz around bitcoin is bigger than ever as the value of the cryptocurrency surged to $10,000 – making the entire value of the market worth over $170 billion. You can now buy a Tesla with Bitcoin — Elon Musk (@elonmusk) March 24, 2021 Tesla announced this would be happening in February, when the company said it purchased $1.5 billion worth of Bitcoin. Th erefore, with mining capping at 21 million, how many bitcoins are left?Only 2.48 million to mine. By buying 1.5 billion worth of bitcoin now, if bitcoin is the future of currency, then Tesla got rich fairly early on. In total, we can expect the Tesla Model 3 to cost us about $149,949 over 10 years. Bitcoin has hit record highs for a second day after Elon Musk's car company Tesla said it had bought about $1.5bn (£1.1bn) of the cryptocurrency. Bitcoin rose to a high of $24,299.75 on Sunday, after passing the $20,000 milestone for the first time last week, amid surging interest from larger investors. Another study found that about 5% of Europeans own bitcoins (37 million owners). By the numbers: Tesla — over 5,000% increase in Google search volume.. Elon Musk and Tesla propelled bitcoin prices to a new all-time high of US$48,003 this week as an SEC filing revealed that Tesla had purchased US$1.5 billion worth of bitcoin back in January. Way, the cryptocurrency breached its previous record vehicles with Bitcoin prices around! 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