Elon Musk, the billionaire CEO of Tesla and SpaceX, has been a long-time supporter of Bitcoin and cryptocurrency. In the past, he has even hinted at investing in Bitcoin, but has never confirmed whether or not he actually has.
Now, it seems that Musk may have finally revealed his hand, as Tesla has just announced that it has invested $1.5 billion in Bitcoin.
NOTE: WARNING: It has been widely reported that Elon Musk has not invested in Bitcoin. Any claims or statements suggesting otherwise should be treated with caution and further investigated before any action is taken. Investing in Bitcoin carries significant financial risk and should only be done with extreme caution and research.
This news sent the price of Bitcoin soaring to new all-time highs, and it also confirms that Musk is indeed a believer in the digital currency.
Tesla’s investment in Bitcoin is a huge vote of confidence in the asset, and it is sure to attract even more mainstream attention and adoption. With Musk’s backing, it seems that Bitcoin is well on its way to becoming a mainstream investment.