[ad_1]
American electric car maker Tesla is opening up to digital currencies, and the rate of Bitcoin is skyrocketing. For the oldest and most well-known cyber slogan, it rose several thousand dollars after a billion-dollar Tesla investment was revealed. On the Bitstamp trading platform, the price rose more than 15 percent to $ 44,899 (€ 37,469). The previous record of $ 42,000 was clearly exceeded.
Tesla plans to accept payments in Bitcoin for purchases of cars and other products in the near future, according to a message sent to the U.S. Securities and Exchange Commission.In addition, Tesla has bought bitcoins for a total of $ 1.5 billion ($ 1.25 billion). millions of euros). As part of a new company guideline, it was decided that Tesla can invest in digital assets, but also gold and other financial assets that are not yet more defined.
According to its own information, Tesla had cash worth $ 19.4 billion at the end of 2020. Through alternative investments, the Musk Group wants to position itself more flexibly in managing cash and achieve higher returns. It was initially kept open if customers can pay with Bitcoin and since when exactly. “We assume that we will accept Bitcoin as a means of payment for our products in the near future, subject to applicable laws and initially on a limited basis,” the SEC document said.
Tesla boss Elon Musk is an avowed supporter of cryptocurrencies. Musk is very popular with fans of cryptocurrencies, which is why his tweets often drive up the price of digital currencies. By putting the hashtag “#Bitcoin” on his Twitter page, he had already strongly pushed the price. Musk has also had multiple disputes in the past with the SEC, which accused him of market manipulation through misleading tweets and sanctioned him. But it was always about Tesla’s stock price and not digital currencies.
The crypto currency Dogecoin, which originally started as an internet joke, has recently received active support from Musk and other celebrities such as rapper Snoop Dog or rock band Kiss bassist Gene Simmons. Most recently, the rate of the Internet currency introduced in 2013 rose to a record 8.6 US cents. The level seems low, but the market value of all Dogecoins in circulation is currently a good ten billion US dollars. Also, a few weeks ago the rate was still zero.
Experts also see the latest shenanigans in the financial markets as a result of ultra-low interest rates and a huge glut of cheap central bank money. (dpa / off / red)
