Bitcoin took another large stride toward mainstream acceptance after billionaire Elon Musk’s electric vehicle company Tesla revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency shooting higher.
The local share market wipe out two days' worth of gains as Macquarie Group, Suncorp, James Hardie and other major companies announce their results. Bitcoin surges to its highest levels after Tesla reveals it has invested $US1.5 billion in the volatile cryptocurrency.
Bitcoin took another large stride toward mainstream acceptance on Monday after billionaire Elon Musk's electric vehicle company Tesla Inc revealed it had bought $1.5 billion of the cryptocurrency and would soon accept it as a form of payment for cars, sending the cryptocurrency.
A Tesla for a bitcoin: Musk drives price to moon with $1 5 billion purchase netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.