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Tesla buys $ 1.5 billion in bitcoin and plans to accept it as payment

The move led to a jump in the value of the currency.

"Elon Musk proves that he is not only the richest man in the world, but also the smartest man in the world," emphasizes Sagi Bakshi, CEO of the fintech company Coinmama

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Walla!

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Monday, 08 February 2021, 15:49

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First and fat swallow, it must be said.

Elon Musk (Photo: GettyImages)

Tesla announced today (Monday) to the SEC that it has acquired Bitcoin worth $ 1.5 billion.

The company also stated that it will start accepting Bitcoin as a means of payment for its products and that it will also start accepting payments in Bitcoin in exchange for its products.

This groundbreaking move will make Tesla the first major automaker to receive it.

Most recently, CEO Elon Musk has been raising the prices of cryptocurrencies, including Bitcoin, through his Twitter posts. Bitcoin remains at the top of the list of cryptocurrencies and now stands at over $ 43,000 and even kisses $ 44,000.

Sagi Bakshi, CEO of the fintech company Coinmama emphasizes: “Elon Musk proves that he is not only the richest man in the world, but also the smartest man in the world.

After delving into the subject, Tesla realized the risk of sticking to the dollar.

Bitcoin is the number one hedging tool in the world today, more companies will join following Tesla.

Every CEO in the world should today ask himself whether he can afford zero exposure to Bitcoin. In my eyes it is no less irresponsible, both on a personal level, both at the company level and at the state level. Bypass gold at market value "(gold is valued at $ 10T, Bitcoin only at $ 0.75T).

Shai Datika, co-founder and president of the crypto company INX emphasizes: "The Bitcoin rally will continue. The entry of institutional investors and public companies such as Tesla and Microstrategy, in parallel with the adoption of blockchain technology and its applications by world-leading regulators (SEC), strengthens The proof, time and time again, that Bitcoin and blockchain are here to stay.

All of these add to the building of trust among private and institutional investors.

In our opinion, the value of Bitcoin is expected to continue to break records, and this, of course, with changes and sometimes declines, which can be sharp. "

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