April 26, 2024

Tesla bought bitcoin for $ 1.5 billion and will add cryptocurrency payment

Tesla bought bitcoin for $ 1.5 billion and will add cryptocurrency payment

Elon Musk's Tesla invested in Bitcoin (BTC)$ 1.5 billion, according to the company’s reporting to the Commissionпо ценным бумагам и биржам США (SEC). Кроме того, в ближайшее время клиенты Tesla получат возможность расплачиваться криптовалютой за продукцию компании.

According to the document, in January 2021 Teslaupdated its investment policy to be "more flexible in further diversifying and maximizing returns from cash it does not require to maintain normal operating liquidity." In this regard, an audit committee of the board of directors was formed, thanks to which the company can now “invest a portion of such funds in certain alternative reserve assets,including digital assets, gold bars, gold ETFs and other assets as specified hereinafter. "

“Subsequently, we invested in bitcoin a common$ 1.50 billion under this policy and may acquire and hold digital assets from time to time or over the long term. Moreover, we intend to begin accepting Bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially under limited conditions. We may or may not liquidate it upon receipt. ", - adds the firm.

The company also notes that it considers its Bitcoin reserves to be "highly liquid".

“However, digital assets can be subject to volatility in market prices, which can be adverse when we want or have to liquidate them.”, She declares.

A whole section of the document is devoted to the risks of digital currencies:

“The proliferation of such assets is enougha young trend, and their long-term adoption by investors, consumers and businesses is impossible to predict. Moreover, lack of material form, reliance on technology for issuance, transaction validation, and decentralization can expose their integrity to the risks of malicious attacks and technology obsolescence. Finally, it is unclear and may not be clear in the future to what extent securities laws and other requirements apply or may apply in the future to such assets. If we hold digital assets and their value falls in relation to our purchase price, it could damage our financial condition. "

Tesla will consider digitalassets as intangible assets with an unlimited life. Such assets will be revalued on a quarterly basis, and if their value falls below the original value, the company will record the difference as an impairment loss.

The bitcoin rate rose above $ 43,000 against the background of this news.

</p>

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

# Cryptocurrency exchange Official site Site evaluation
1 Binance (Editor's Choice) https://binance.com 9.7
2 OKEx https://okex.com 7.4
3 Exmo https://exmo.me 6.9
5 Huobi https://huobi.com 6.5
5 Yobit https://yobit.net 6.3

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • Platform Features– availability of additional features &#8212; futures, options, staking, etc.
  • final grade– the average number of points for all indicators determines the place in the ranking.

Tesla bought bitcoin for $ 1.5 billion and will add cryptocurrency payment

</p>

Rate this publication