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		</div><p>Tesla has acquired around 1.5 billion dollars (£1.09 billion) in Bitcoin under an investment policy at the electric car maker headed by Elon Musk.</p>
<p>It said it plans to begin accepting the digital currency as payment for vehicles soon.</p>
<p>The California company revealed the new strategy in a filing with the US Securities and Exchange Commission on Monday, saying its investment in digital currency and other “alternative reserve assets” may grow.</p>
<p>Bitcoin spiked 14% and appeared to briefly hit a new all-time high.</p>
<p>Shares of Tesla moved higher as well.</p>
<p><amp-youtube layout="responsive" width="696" height="392" data-videoid="zgOy8zj4IrI" title="Crypto Explained: Introducing Bitcoin"><a placeholder href="https://www.youtube.com/watch?v=zgOy8zj4IrI"><img src="https://i.ytimg.com/vi/zgOy8zj4IrI/hqdefault.jpg" layout="fill" object-fit="cover" alt="Crypto Explained: Introducing Bitcoin"></a></amp-youtube></p>
<p>Read More: <a href="https://londonglossy.com/michael-burry-is-adding-to-his-tesla-short/">Michael Burry is adding to his Tesla Short</a></p>
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