Bitcoin is in the news again. This time it’s Tesla CEO Elon Musk’s announcement that he recently purchased $1.5 billion worth last month.
Its price subsequently spiked above $40,000. That’s for just one bitcoin. Musk also revealed that Tesla is planning to accept bitcoins for car purchases. Let’s hope the company’s cashiers will be provided with enough cash in their tills to be able to make change. Now that you know Musk is jumping on the bitcoin bandwagon, you might be inclined to invest in it as well.