Lessons for Nigeria as Tesla splashes $1.5bn on bitcoin

The company had more than $19 billion in cash and cash equivalents on hand at the end of 2020

The world’s biggest manufacturer of electric vehicles, Tesla on Monday acquired $1.5 billion worth of bitcoin pushing the price of the cryptocurrency to a record-high of over $44,000. It is the largest investment in a cryptocurrency by any vehicle manufacturer and represents a significant perce

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