Tesla has invested $ 1.5 billion in bitcoin and will begin accepting digital currency as a means of payment for the purchase of its cars, the group said on Monday.
In the wake of this announcement, the price of the virtual currency soared: it reached a new high of more than 43,000 dollars.
The move comes days after Elon Musk, the boss of the electric vehicle maker, temporarily changed his Twitter mini-description to simply “#bitcoin.” »Which was enough to ignite the price of cryptocurrency.
The announcement, made in a document sent Monday to the U.S. Stock Exchange Constable, the SEC, is a mark of confidence in the cryptocurrency that regulators around the world still believe is more of a financial asset used for illegal transactions like money laundering. silver.
Tesla explains that it recently changed its investment policy in order to diversify its sources of liquidity and gain flexibility in order to be able to largely remunerate its shareholders. In this context, the board of directors, via the audit committee, gave the green light to the company to invest in various financial assets, including bitcoin.
You will soon be able to pay your Tesla in bitcoins
In addition to this own investment, Tesla “ will start accepting bitcoin as a means of payment when purchasing its products in the near future », Indicated the group. Who specifies, however, that these payments would be subject to the laws in force and ” limits ” Firstly.
Virtual currency created by anonymous people and managed by a decentralized network is particularly volatile and its price is not always easy to determine. This volatility and the anonymity it provides to its users are not well received by the authorities, who call for stricter regulation. Janet Yellen, Joe Biden’s new Secretary of the Treasury, warned during his great confirmation oral in the US Senate that cryptocurrencies were ” mainly used “For the financing of illicit activities and that they represented a” special concern “.
The US government, she added, needs to look at ways to limit their use and make sure they don’t become a way to launder dirty money.