Tag: Bitcoin
Tesla’s bitcoin holdings expected to shrink by $460 M
In other Tesla news, according to banking institution Barclays, Tesla's bitcoin holdings may have significantly reduced the electric car manufacturer's expected earnings. Bitcoin prices have fallen recently...
How the automotive industry is getting involved with cryptocurrency
While the idea of cryptocurrency came about in the mid-90’s and Bitcoin made its debut in 2009, it has taken quite some time for...
Elon Musk named ‘TIME’ Person of the Year 2021
The CEO of the electric car brand Tesla has a new title to add to his extremely busy Twitter profile. TIME Magazine has named...
Tesla temporarily suspends Bitcoin purchases due to carbon energy use
Tesla’s outspoken CEO – or Technoking – Elon Musk has announced the EV carmaker has “suspended vehicle purchases using Bitcoin”. It comes barely more...
Tesla buys $1.5 billion in Bitcoin, will sell cars for cryptocurrency
On Monday, Tesla announced a purchase of around $1.5 billion USD in Bitcoin, the world’s most well-known cryptocurrency. A filing with the Securities and...
Do Cryptocurrencies Like Bitcoin Belong in Your Dealership?
Unless you’ve been hiding under a rock for the last several years, you are familiar with Bitcoin and the excitement surrounding blockchain technology. Also...
Should Your Dealership Prepare to Accept Bitcoin in 2018
Currency has rapidly evolved over the years. From coins to cash, and then cash to plastic consumers have a variety of ways they can...
