Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spike

Elon Musk's Tesla buys $1.5bn of Bitcoin causing currency to spike External link

Elon Musk's car firm Tesla has said it bought about $1.5bn (£1.1bn) of the cryptocurrency Bitcoin in January and expects to start accepting it as payment in future. The news caused the price of Bitcoin to jump 17% to $44,220, a record high.

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