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by banachtarski 1956 days ago
https://news.bitcoin.com/reddit-post-reporting-teslas-bitcoi...

Title: Reddit Post Reporting Tesla's Bitcoin Purchase From a Month Ago Was a Hoax

Reportedly, the person claiming to be a Tesla insider with intel on the bitcoin purchase was actually some political science major college student tripping on acid. Crazy how so many people ate this story up.
2 comments
blueblisters 1956 days ago
The post itself was a prank but the purchase is very real. It was self-reported by Tesla I believe.
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lugorrr 1955 days ago
It was reported, yes. See page 23 here. [1]

[1] https://www.sec.gov/Archives/edgar/data/1318605/000156459021...

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frankenst1 1955 days ago
Tesla's SEC filing (https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/0001...):

> Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term. Moreover, we expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.

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