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080221 | NFT Editions of 2 On 8th February 2021, bitcoin surged to an all-time high after Tesla said it bought $1.5 billion worth of the cryptocurrency. Bitcoin climbed 16 percent from a day earlier to a record of $46,196.46, after they revealed the hefty investment in a regulatory filing with the SEC. To “further diversify and maximize returns” on cash that isn’t essential to its operating liquidity, Tesla disclosed that they started buying bitcoin in January 2021. “The prevalence of such assets is a relatively recent trend, and their long-term adoption by investors, consumers and businesses is unpredictable,” Tesla said in its filing with the Securities and Exchange Commission. “More...View all