Tesla announced on Monday that it bought $1.5bn worth of Bitcoin. The electric car company also said it will soon start accepting the cryptocurrency as payment. Bitcoin immediately surged to a record high after the announcement. The top crypto jumped 27 percent to $47,000 immediately after the an
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp