Bitcoin Price Rockets After Elon Musk’s Tesla Reveals It Bought .5 Billion Worth Of Bitcoin

Bitcoin Price Rockets After Elon Musk’s Tesla Reveals It Bought $1.5 Billion Worth Of Bitcoin

Bitcoin has suddenly surged after Tesla

TSLA
, the electric car-maker led by billionaire Elon Musk, revealed it has bought bitcoin.

The bitcoin price rocketed to an all-time high of $43,730 per bitcoin on the Luxembourg-based Bitstamp exchange before falling back slightly.

Tesla announced that it bought $1.5 billion worth of bitcoin in January, according to a filing with the Securities and Exchange Commission, adding it would soon start accepting payments in bitcoin.


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