How many bitcoins can buy a Tesla?

How many bitcoins can buy a Tesla?

Source: Sina Finance

On March 24, Tesla's US official website supported Bitcoin payments. As soon as the news came out, Bitcoin rose by $1,000 in the short term, and the cryptocurrency Ethereum rose in the short term, reaching $1,700 per coin.

Tesla’s official website later responded: We currently only support customers in the United States to use Bitcoin for payment, and will consider expanding into new markets in the future.

Tesla CEO Elon Musk said: Now you can buy Tesla with Bitcoin. Bitcoin paid to Tesla will remain as Bitcoin instead of being converted into legal currency. He also said that Tesla only uses internal and open source software, and later this year, Bitcoin payments will also be available outside the United States.

A month ago, on February 24, Tesla announced that it would use 1.5 billion US dollars to invest in Bitcoin. This move caused the price of Bitcoin to jump by nearly 3,000 US dollars in a few minutes. Although there were fluctuations afterwards, its price continued to rise.

Some media said that Tesla's move has undoubtedly stimulated every CFO and financial director of other companies in the United States and even the world. One of the many advantages of Bitcoin is that it, like gold, can diversify corporate holdings and reduce the risks of excessive currency issuance. Now every financial director should take the initiative to learn to help the company decide when to allocate Bitcoin assets.

Industry insiders believe that this is a very promising sign for the crypto industry, indicating the mainstream capital's interest in cryptocurrencies and their growing willingness to embrace blockchain, and it can be confirmed that blockchain and Bitcoin will continue to exist in the future.

So how many Bitcoins can buy a Tesla?

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