$1.5 billion in bitcoin

Companies that buy bitcoin

Tesla's move into bitcoin represents would start accepting bitcoin as percentage of its cash in the investment.

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Tesla bought $1.5 billion in bitcoin, and plans to begin accepting bitcoin for payment
Tesla said it had invested an aggregate $ billion in bitcoin under the changed policy and could "acquire and hold digital assets from time to. Electric car maker Tesla has purchased $ billion worth of Bitcoin to "diversify and maximize returns" on cash not reserved for operations. Tesla's $ billion bitcoin bet from early this year had already increased in value by more than $1 billion by the end of last month.

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Trending Videos. The company also said it would start accepting bitcoin as a payment method for its products. All Rights Reserved. The price of bitcoin has lost half its value in the past four months during what's been dubbed a "crypto winter. Skip Navigation.