Tesla Has $1.5 Billion in Bitcoin

Tesla’s 10K filing reveals they have invested into bitcoin and have a position valued at about $1.5 billion. Bitcoin and Tesla are up today on the news.

Tesla was up 2% to $870 per share. Bitcoin was up 13% to about $44000.

Tesla also announced they will soon begin accepting bitcoin for payment.

Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)