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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.




The post itself was a prank but the purchase is very real. It was self-reported by Tesla I believe.


It was reported, yes. See page 23 here. [1]

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


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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