Tesla may resume accepting bitcoin soon

by in Cryptocurrency News


In winter, it became known that Tesla had invested $ 1.5 billion in bitcoin. At the same time, the electric car manufacturer began accepting payments in cryptocurrency and allowed an increase in capital investments in BTC.

However, in the spring, the giant suspended accepting bitcoins, and Tesla CEO Elon Musk announced that work with cryptocurrency will continue only after mining becomes environmentally friendly.

In September, Tesla sent the reporting documentation to the Securities and Exchange Commission (SEC), in which it did not rule out that work with cryptocurrency would resume soon.

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The company said in a statement: "We positively regard the long-term potential of digital currencies both as a form of investment and as a liquid alternative to cash."

It is not yet known, exactly when the electric car manufacturer will resume accepting bitcoins, but the company promises to publish an announcement if such a decision is made. Users of social networks welcome the statement of the company Elon Musk and believe that if the acceptance of bitcoin resumes, the value of the cryptocurrency will continue to grow.