Electric car giant Tesla reported today (Monday) to US authorities that it has acquired the virtual currency, Bitcoin, for $ 1.5 billion. The move was made, according to the company, to “allow flexibility, diversification and maximize refunds on the company’s cash,” with the company allowing customers to purchase its cars using the blockchain currency.
It is estimated that this is one of the significant steps for Bitcoin, with the assumption that in the future more companies will allow trading through it, after the car giant has done so.
As expected, the announcement caused a jump in the value of Bitcoin, which rose by 14 percent to a price of about $ 44,000 per bit. The company’s share rose by 2.7% following the move, and continues the successful trend of an increase of about 17% since the beginning of the year.