Seeking Alpha
2021-02-08 12:55:48

Bitcoin flirts with $42K after Tesla invests in crypto

Bitcoin (BTC-USD) pushes past $40K again after Tesla (TSLA) discloses it invested $1.5B in the crypto and expects to begin accepting Bitcoin for payment "in the near future."The policy to accept Bitcoin as a form of payment for its products will initially be on a limited basis "which we may or may not liquidate upon receipt," it said in its 10-K filing.Bitcoin recently trades at $41.6K; at about 6 AM ET it was trading at $39.3K.

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