Elon Musk refuses to take bitcoin after he hits heat in cryptocurrency market!

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Tesla’s owner and CEO Elon Musk recently announced the purchase of its popular electric cars to purchase cryptocurrency Bitcoin, after which the cryptocurrency market saw a good boom. Bitcoin also saw tremendous boom. Now, with his tweet, the Tesla owner, who has the potential to bring crypto and stock market fluctuations, has hit a U-turn. The company announced that Bitcoin would not be accepted as payment for its electric car.

Tesla owner and CEO Elon Musk gave one on Thursday Tweet In which he stated that the company would not take Bitcoin as payment from customers at the time of Tesla car purchase. The reason behind its move has been stated to be the environmental impact. Explain that the company announced in late March that Bitcoin would be taken along with the bank card as well as cryptocurrency to purchase the Tesla car. Surprised that Elon Musk withdrew the decision in a few weeks.

However, the tweet suggests that the company may begin withdrawing this cryptocurrency in the future, as well as stating that the company has an eye on bitcoin as well as some other cryptocurrencies, which are the energy / Of transaction

In addition, Elon Musk has also stated that the company will not sell its $ 1.5 billion worth of bitcoins purchased at the beginning of the year. Let us know that Tesla sold some of these bitcoins in the first quarter of this year to increase its quarterly profit.

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