Tesla buys $1.5 billion of bitcoin and plans to accept it as payment

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Bitcoin on the balance sheet

Figure 1: Tesla Annual Report, https://ir.tesla.com/_flysystem/s3/sec/000156459021004599/tsla-10k_20201231-gen.pdf

Regulation matters

Negative interest rates, devaluation of money, and low returns for treasuries: Can bitcoin, as a store of value, be considered a safe haven?

Figure 2: Bitcoin allocation in stocks/bond portfolios, Fidelity Digital Assets, Bitcoin Investment Thesis, https://www.fidelitydigitalassets.com/bin-public/060_www_fidelity_com/documents/FDAS/bitcoin-alternative-investment.pdf

A global trend

Figure 3: The estimated price development of Bitcoin with regard to the halving that occurs every four years, https://coinmarketcap.com/d e/headlines/news/bitcoins-drop-to-10000-isnt-reason-enough-to-sell/

Remarks

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21Treasury

21Treasury

21Treasury helps you to decrypt bitcoin along with other digital assets. https://assets.21treasury.de/