Elon Musk Buys Bitcoin: Everything You Need to Know

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The ramifications of Elon Musk’s acquisition on bitcoin’s environment story, various other Fortune 500 treasury monitoring methods and also even more.

This episode is funded by Nexo.io.

Elon Musk’s Tesla (TSLA) has actually bought $1.5 billion in bitcoin as a treasury book possession. Additionally, the firm will certainly quickly be permitting individuals to spend for Teslas with bitcoin.

In this episode, NLW breaks down:

  • How Elon obtained to this minute, including his exchanges with MicroStrategy’s (MSTR) Michael Saylor
  • What movie critics of the Tesla neighborhood and also the bitcoin neighborhood are most likely to state
  • How this de-risks bitcoin acquisitions for various other Fortune 500 business
  • How it associates to Elon’s doge memeing
  • Why this is most likely to have a substantial influence on bitcoin’s story relating to environment adjustment and also power usage
  • Why Cathie Wood is giggling right to the financial institution.

See likewise: Tesla Invests $1.5 B in Bitcoin, Plans to Accept Crypto Payments

Image debt: Britta Pedersen/Getty Images Entertainment