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| Bitcoin jumps after Musk says crypto will be accepted as payment for Tesla cars | Bitcoin jumps after Musk says crypto will be accepted as payment for Tesla cars |
| (about 4 hours later) | |
| The price of bitcoin surged almost 5% to over $57,000 on Wednesday, following Tesla CEO Elon Musk’s tweets saying it is now possible to buy the company’s vehicles in the United States using the cryptocurrency. | |
| “Tesla is using only internal & open source software & operates Bitcoin nodes directly,” Musk wrote late Tuesday on Twitter, adding that “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.” | “Tesla is using only internal & open source software & operates Bitcoin nodes directly,” Musk wrote late Tuesday on Twitter, adding that “Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.” |
| In a follow-up tweet, the businessman announced: “You can now buy a Tesla with Bitcoin.” People outside the US will be able to buy a Tesla car with bitcoin “later this year,” he said, without specifying which countries. | In a follow-up tweet, the businessman announced: “You can now buy a Tesla with Bitcoin.” People outside the US will be able to buy a Tesla car with bitcoin “later this year,” he said, without specifying which countries. |
| READ MORE: Bitcoin shoots past $47,000 as Tesla announces plan to start accepting cryptocurrency | READ MORE: Bitcoin shoots past $47,000 as Tesla announces plan to start accepting cryptocurrency |
| Musk’s tweets have been causing huge movements in the crypto market lately, while his company Tesla’s $1.5 billion bitcoin bet sent the digital currency soaring to record highs last month. The automaker announced the cryptocurrency purchase, saying that it would soon start accepting it as a form of payment for its cars. | Musk’s tweets have been causing huge movements in the crypto market lately, while his company Tesla’s $1.5 billion bitcoin bet sent the digital currency soaring to record highs last month. The automaker announced the cryptocurrency purchase, saying that it would soon start accepting it as a form of payment for its cars. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |