Musk Seeks Clean Energy Requirement In Bitcoin For Tesla
After Elon Musk shared the clean energy requirement on his Twitter account, the BTC price rose to 40 thousand US dollars.
Famous billionaire
Elon Musk seeks clean energy requirement in Bitcoin for Tesla. Famous billionaire Elon Musk, founder of Tesla and Spacex, said that he will accept Bitcoin for payments in Tesla, provided that at least 50 percent of Bitcoin mining is done with renewable energy. After this tweet of Musk, Bitcoin prices rose again.
Bitcoin, which fell to 34 thousand dollars at the weekend, reached almost 39 thousand 500 dollars with the rise. Ethereum also climbed from $ 2,300 to $ 2,500.
While the rise in BTC price was not reflected in all cryptocurrencies, the Bloomberg Galaxy Cryptocurrency Index was mixed over the weekend.
Posting on his social media account, Musk stated that if 50% of Bitcoin mining is done with
renewable energy sources and this positive trend can be sustained, Tesla will restart its Bitcoin transactions.
Jonathan Cheesman, Head of Institutional Sales at the FTC Cryptocurrency Exchange, said, “The rally was about to come with speculation that MicroStrategy would be making a new purchase.”
It is said that MicroStrategy's CEO Micheal Saylor issued a "garbage" bond last week to purchase $400-500 million worth of Bitcoin.