Financial Insights

Tesla may accept Bitcoin again, trust its ‘long-term potential’

The company said it might restart the practice of accepting cryptocurrencies for its products and services in their September earnings report.
“We may in the future restart the practice of transacting in cryptocurrencies (“digital assets”) for our products and services,” it stated in a Securities and Exchange Commission (SEC) filing.

The company shows belief in the long term potential of digital assets as an investment as well as a liquid alternative to cash.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button