Is Tesla going to accept bitcoin?

Today in an SEC filing, Tesla disclosed that it has acquired $1.5 billion in bitcoin, the popular cryptocurrency. Moreover, the company noted that it may also accept bitcoin in the future as a form...

Can You cash in Bitcoin for a new electric car?

SILVER SPRING, Md. (AP) — Holders of Bitcoin may be able to cash in some of their investment in the digital currency for a brand new electric car. Electric automaker Tesla said Monday that it has invested around $1.5 billion in Bitcoin and it plans to begin accepting the digital currency as payment for its high-end vehicles soon.

How much are bitcoins worth?

As of Feb. 2, the business analytics company said it held 71,079 Bitcoins that it purchased for an aggregate price of $1.15 billion since last summer. Using a value of $44,500, those bitcoins are worth $3.16 billion.

What are the other cryptocurrencies other than bitcoin?

Since Bitcoin was first conceived in 2008, thousands of other virtual currencies, known as cryptocurrencies, have been developed. Among them are Ether, Dogecoin and Tether. Coinbase.