On March 24, Tesla's US official website supported the use of bitcoin for payment. As soon as the news came out, bitcoin rose by $1000 in the short term, and Ethereum, the cryptocurrency, rose by $1700 in the short term. Since then, Tesla's official website responded that: at present, we only support domestic customers in the United States to use bitcoin for payment, and we will consider exploring new markets in the future.

Elon Musk, CEO of Tesla, said: it's time to buy Tesla with bitcoin. Bitcoin paid to Tesla will remain as bitcoin, not converted into legal tender. Tesla only uses in-house and open source software, and later this year, bitcoin can be used to pay outside the United States, he said.

A month ago, on February 24, Tesla announced that it would use US $1.5 billion to invest in bitcoin, which made the price of bitcoin jump nearly US $3000 in a few minutes. After that, although it fluctuated, its price kept rising.

According to some media, Tesla's move has undoubtedly stimulated every CFO and CFO of other companies in the United States and even the world. One of bitcoin's many advantages is that, like gold, it can diversify Enterprise Holdings and reduce the risk of currency over issuance. Now every treasurer should take the initiative to learn to help companies decide when to allocate bitcoin assets.

Industry insiders believe that: This is a very promising sign for the encryption industry, indicating the mainstream capital's interest in cryptocurrency and their growing willingness to embrace blockchain. It is certain that blockchain and bitcoin will continue to exist in the future.

So how many bitcoins can buy a Tesla? See the diagram below.

(2021-3-24)