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While Musk’s interest in Dogecoin has led to a dramatic increase in the value of cryptocurrencies, this is not the first time that his statements have sent waves to everyone of cryptocurrencies. On January 29, Musk added the word “bitcoin” to his Twitter profile, prompting an uptick of 15% of the currency’s cost a few hours later. And now it looks like you’re putting your cash where it is, with Tesla making a $1. 5 billion investment in the popular cryptocurrency. In a document presented through the SEC published today, the company announced that it has “updated [its] investment policy to give it more flexibility to diversify and maximize the returns of [its] liquidity that are not mandatory for sufficiently good operating liquidity,” adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets “Array gold ingots”, adding that it will also invest in “certain active reserves of choice “that come with” digital assets , budget traded in gold and other assets, as specified in the future. ‘
The announcement also warned that the company will likely start conforming to the cryptocurrency as a payment option, with the following statement: “In addition, we plan to start conforming to bitcoin as a payment method for our products in the near future, subject to applicable law and, first, on a limited basis, that we will possibly liquidate or not liquidate upon receipt of it. “By Michael Kern for Oilprice. com
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