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URLhttps://decrypt.co/56957/elon-musks-tesla-has-invested-1-5-billion-into-bitcoin
Last Crawled2026-04-13 16:00:53 (5 days ago)
First Indexed2021-02-08 13:05:56 (5 years ago)
HTTP Status Code200
Meta TitleElon Musk's Tesla Has Invested $1.5 Billion Into Bitcoin - Decrypt
Meta DescriptionTesla has invested $1.5 billion into Bitcoin, according to an SEC filing published today.
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Tesla has invested $1.5 billion into Bitcoin , according to an SEC filing today. "Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term," the filing said . The filing added that Tesla expects to begin accepting Bitcoin as payment for its products, including its cars, in the near future. Bitcoin's price has shot up on the news, rising from $39,000 to $43,000 at press time—breaking a new all-time high . Bitcoin Breaks All-Time High as Tesla Invests $1.5 Billion in BTC The price of Bitcoin has spiked to a new all-time high today on the back of news that EV manufacturer Tesla has invested $1.5 billion into Bitcoin. The cryptocurrency's current price is now $44,790, up 8.5% in the last hour. Most of the growth came immediately after the news broke. Bitcoin rose from $39,244 to hit a high of $43,233 in just 20 minutes, according to CoinGecko. As a result, Bitcoin is now up 11.4% in the last week, 30% in the last month and 340% in the last year. The surging Bitco... Experts judged the move unsurprising, while conceding it was a major development for the cryptocurrency. "People have basically just been waiting for the moment that Elon Musk would announce one of his companies has allocated part of their treasury assets to Bitcoin," said Guy Hirsch, managing director for US at eToro. Hirsch also noted that news of Tesla's Bitcoin play emerged mere days after the recent MicroStrategy WorldNow conference , aimed at enticing institutional investors into Bitcoin. At the event, MicroStrategy CEO Michael Saylor said he expected an "avalanche of companies" converting their balance sheets into Bitcoin. "It's further proof that the smart money is still buying Bitcoin even when many others were shedding BTC holdings as it continued to trade sideways," said Hirsch. "Musk and Tesla move markets in a way few others can, and this may be the point where we look back and realize Bitcoin went mainstream," he added. The filing says that Tesla updated its investment policy in January in order to diversify its cash on hand and maximize returns. Its policy says that it may invest its reserves into digital assets, gold, gold ETFs and other assets. It was with this new policy in mind that it invested heavily into Bitcoin. Michael Saylor extended offer to Elon Musk Tesla's Bitcoin purchase comes just over a month after MicroStrategy's Saylor extended an invitation to Elon Musk, offering to show him his playbook for buying Bitcoin. "If you want to do your shareholders a $100 billion favor, convert the $TSLA balance sheet from USD to #BTC . Other firms on the S&P 500 would follow your lead & in time it would grow to become a $1 trillion favor," Saylor said at the time. Bitcoin Pumps as Michael Saylor Extends Offer to Elon Musk Listen here, Elon Musk: Michael Saylor, CEO of MicroStrategy, has some advice. Saylor has bought $1.3 billion in Bitcoin in the past few months, he claims on Twitter, and he's willing to share his tips with you, the self-titled Lord Edge. MicroStrategy bought hundreds of millions in Bitcoin—$500 million since August, and plans to buy another $650 million more with investors' money. Since Saylor invested, Bitcoin has more than doubled in price; yesterday, it hit a new all-time high of $24,000. M... Musk replied, asking, " Are such large transactions even possible? " It's likely he was referring to whether it's possible to buy such large amounts of Bitcoin, not in terms of sending large Bitcoin transactions. It wasn't long before Musk started tweeting a lot more about cryptocurrency. On January 29, he changed his Twitter bio to just one word: #Bitcoin. He later confirmed on Clubhouse that he was now a "supporter of Bitcoin." "I am late to the party but a supporter," he told his audience. "Bitcoin is on the verge of getting broad acceptance by traditional finance people." Musk has also been tweeting about Dogecoin with some regularity, from memes to comments that it will be the future currency of earth. While the price of Dogecoin pumped as a result of Musk's "joking" tweets, it seems like his heart—and Tesla's pocketbook—was focused on Bitcoin, after all. Do not miss any breaking news in the future, make sure to follow us on Twitter . Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more.
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[![News](data:image/svg+xml;utf8,%3Csvg%20aria-hidden%3D%22true%22%20focusable%3D%22false%22%20data-prefix%3D%22fal%22%20data-icon%3D%22clock%22%20class%3D%22svg-inline--fa%20fa-clock%20fa-w-16%20text-2xl%20leading-none%22%20role%3D%22img%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20512%20512%22%3E%3Cpath%20fill%3D%22currentColor%22%20d%3D%22M256%208C119%208%208%20119%208%20256s111%20248%20248%20248%20248-111%20248-248S393%208%20256%208zm216%20248c0%20118.7-96.1%20216-216%20216-118.7%200-216-96.1-216-216%200-118.7%2096.1-216%20216-216%20118.7%200%20216%2096.1%20216%20216zm-148.9%2088.3l-81.2-59c-3.1-2.3-4.9-5.9-4.9-9.7V116c0-6.6%205.4-12%2012-12h14c6.6%200%2012%205.4%2012%2012v146.3l70.5%2051.3c5.4%203.9%206.5%2011.4%202.6%2016.8l-8.2%2011.3c-3.9%205.3-11.4%206.5-16.8%202.6z%22%3E%3C%2Fpath%3E%3C%2Fsvg%3E)![News](data:image/svg+xml;utf8,%3Csvg%20aria-hidden%3D%22true%22%20focusable%3D%22false%22%20data-prefix%3D%22fal%22%20data-icon%3D%22clock%22%20class%3D%22svg-inline--fa%20fa-clock%20fa-w-16%20text-2xl%20leading-none%22%20role%3D%22img%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20viewBox%3D%220%200%20512%20512%22%3E%3Cpath%20fill%3D%22white%22%20d%3D%22M256%208C119%208%208%20119%208%20256s111%20248%20248%20248%20248-111%20248-248S393%208%20256%208zm216%20248c0%20118.7-96.1%20216-216%20216-118.7%200-216-96.1-216-216%200-118.7%2096.1-216%20216-216%20118.7%200%20216%2096.1%20216%20216zm-148.9%2088.3l-81.2-59c-3.1-2.3-4.9-5.9-4.9-9.7V116c0-6.6%205.4-12%2012-12h14c6.6%200%2012%205.4%2012%2012v146.3l70.5%2051.3c5.4%203.9%206.5%2011.4%202.6%2016.8l-8.2%2011.3c-3.9%205.3-11.4%206.5-16.8%202.6z%22%3E%3C%2Fpath%3E%3C%2Fsvg%3E)News](https://decrypt.co/news)[![Predict](data:image/svg+xml;utf8,%3Csvg%20width%3D%2240%22%20viewBox%3D%220%200%2040%2040%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20height%3D%2240%22%3E%3Cpath%20fill%3D%22black%22%20d%3D%22M8.148%2021.206a.63.63%200%200%200-.148.408l.002%205.341v1.74h9.405v-4.702h-5.459l10.497-12.509a.63.63%200%200%200%20.148-.407V5.733a.634.634%200%200%200-1.12-.407zm23.85-9.901v1.74L32%2018.386c0%20.15-.052.293-.148.408l-13.326%2015.88a.634.634%200%200%201-1.119-.407v-5.344c0-.149.053-.293.148-.407l10.497-12.51h-5.459v-4.701z%22%3E%3C%2Fpath%3E%3C%2Fsvg%3E)![Predict](data:image/svg+xml;utf8,%3Csvg%20width%3D%2240%22%20viewBox%3D%220%200%2040%2040%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%20height%3D%2240%22%3E%3Cpath%20fill%3D%22white%22%20d%3D%22M8.148%2021.206a.63.63%200%200%200-.148.408l.002%205.341v1.74h9.405v-4.702h-5.459l10.497-12.509a.63.63%200%200%200%20.148-.407V5.733a.634.634%200%200%200-1.12-.407zm23.85-9.901v1.74L32%2018.386c0%20.15-.052.293-.148.408l-13.326%2015.88a.634.634%200%200%201-1.119-.407v-5.344c0-.149.053-.293.148-.407l10.497-12.51h-5.459v-4.701z%22%3E%3C%2Fpath%3E%3C%2Fsvg%3E)Predict](https://myriad.markets/?utm_source=decrypt&utm_campaign=navbar)[![AI](data:image/svg+xml;utf8,%3Csvg%20width%3D%2228%22%20height%3D%2224%22%20viewBox%3D%220%200%2028%2024%22%20fill%3D%22currentColor%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%3E%0A%3Cg%20clip-path%3D%22url\(%23clip0_6541_691\)%22%3E%0A%3Cpath%20d%3D%22M18.6051%2014.5511H9.43358C8.37%2014.5511%207.52222%2015.214%207.52222%2016.0155C7.52222%2016.817%208.38542%2017.4799%209.43358%2017.4799H18.6051C19.6687%2017.4799%2020.5164%2016.817%2020.5164%2016.0155C20.5164%2015.214%2019.6532%2014.5511%2018.6051%2014.5511Z%22%20fill%3D%22black%22%2F%3E%0A%3Cpath%20d%3D%22M15.3218%2010.5126H10.9596C9.896%2010.5126%209.04822%2011.1754%209.04822%2011.977C9.04822%2012.7785%209.91142%2013.4413%2010.9596%2013.4413H15.3218C16.3854%2013.4413%2017.2332%2012.7785%2017.2332%2011.977C17.2332%2011.1754%2016.37%2010.5126%2015.3218%2010.5126Z%22%20fill%3D%22black%22%2F%3E%0A%3Cpath%20d%3D%22M21.6416%206.50476H12.4701C11.4065%206.50476%2010.5587%207.16757%2010.5587%207.96912C10.5587%208.77066%2011.4219%209.43347%2012.4701%209.43347H21.6416C22.7052%209.43347%2023.5529%208.77066%2023.5529%207.96912C23.5529%207.16757%2022.6897%206.50476%2021.6416%206.50476Z%22%20fill%3D%22black%22%2F%3E%0A%3Cpath%20d%3D%22M3.45279%2010.3429C3.40655%2010.5896%203.32948%2010.7283%203.23699%2010.8362C3.19075%2010.8824%203.12909%2010.9287%203.08285%2010.9749C2.92871%2011.0828%202.75915%2011.1599%202.55877%2011.1599C2.08092%2011.1599%201.57225%2010.8208%201.68015%2010.2967C1.68015%2010.1888%201.7264%2010.0809%201.74181%209.97299C2.28131%206.67434%204.08478%203.80729%206.65896%201.89592C6.84393%201.75719%207.0289%201.61846%207.22929%201.49515C7.22929%201.49515%207.27553%201.46432%207.27553%201.44891C7.33719%201.40266%207.3526%201.37184%207.41426%201.32559C7.52216%201.18686%207.58382%201.04814%207.58382%200.863165C7.58382%200.431566%207.2447%200.0924521%206.8131%200.0924521C6.68979%200.0924521%206.5973%200.123281%206.50482%200.184938C6.4894%200.184938%206.44316%200.23118%206.41233%200.23118C6.41233%200.23118%206.41233%200.23118%206.39692%200.246595C6.39692%200.246595%206.396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%208.60047L9.05597%2010.9725L8.92998%2011.0711L4.94741%2010.967H4.84332L4.98027%2014.2374L1.22778%2017.2394L3.73127%2074.3594H11.0281L11.4444%2081.8644L46.8822%2082.4889L50.0211%2079.5472L53.2532%2079.6294V79.5253L53.0888%2075.6523H59.1421L59.5585%2083.1572L94.9962%2083.7818L98.1352%2080.84L101.367%2080.9222V80.8181L101.071%2073.6363L101.066%2073.6473ZM54.1516%2067.6378L51.4783%2067.5666L47.9121%2067.4735L48.2188%2074.8415L44.0555%2074.7319L19.6999%2074.091L19.3931%2066.723L15.7173%2066.6299L12.3538%2066.5422L10.2283%2016.9381L14.3971%2017.0477L17.3443%2017.1244L17.2402%2014.6428L17.0485%209.9919L39.936%2010.5945L45.4962%2010.7424L45.8578%2017.8749L50.0211%2017.9844L52.9026%2018.0611L53.5161%2031.1921L49.8732%2031.099L39.9524%2030.8415L39.2731%2016.1L23.7866%2015.6946L23.8523%2017.3271L25.9175%2067.1667L39.4703%2067.5228L41.4041%2067.5721L40.4783%2045.2105L32.8966%2045.0078L32.5734%2039.8201L32.5131%2038.8669L35.0221%2038.9326L35.8438%2038.9546L50.2293%2039.3325L53.7846%2039.4257L55.0226%2067.6707L54.1406%2067.6488L54.1516%2067.6378ZM34.918%2033.6079L29.4564%2033.4655L28.9305%2020.7235H29.0346V20.6194L34.4962%2020.7618L35.0221%2033.5039H34.918V33.6079ZM36.1287%2062.8007L30.667%2062.6582L30.1357%2049.8943H30.2397V49.7902L35.7014%2049.9326L36.2328%2062.6966H36.1287V62.8007ZM96.3493%2076.1343L92.186%2076.0248L67.8304%2075.3838L67.5236%2068.0158L63.8478%2067.9227L60.4843%2067.835L58.3588%2018.2309L62.5276%2018.3405L65.4748%2018.4172L65.3707%2015.9356L65.179%2011.2847L88.0664%2011.8873L93.6267%2012.0352L93.9882%2019.1677L101.033%2019.354L101.647%2032.4849L88.0829%2032.1289L87.4036%2017.3873L71.917%2016.9819L71.9828%2018.6144L74.048%2068.4541L87.6008%2068.8101L89.5346%2068.8594L88.6088%2046.4979L81.0271%2046.2952L80.7039%2041.1074L80.6436%2040.1543L83.1526%2040.22L83.9743%2040.2419L101.915%2040.713L103.153%2068.9581L102.271%2068.9361L96.0371%2068.7718L96.3438%2076.1398L96.3493%2076.1343ZM83.043%2034.9008L77.5814%2034.7583L77.0555%2022.0163H77.1596V21.9122L82.6212%2022.0547L83.1471%2034.7967H83.043V34.9008ZM84.2537%2064.0935L78.792%2063.9511L78.2607%2051.1871H78.3647V51.083L83.8264%2051.2255L84.3578%2063.9894H84.2537V64.0935Z%22%20fill%3D%22black%22%2F%3E%0A%3C%2Fsvg%3E%0A)![Gaming](data:image/svg+xml;utf8,%3Csvg%20width%3D%22110%22%20height%3D%2288%22%20viewBox%3D%220%200%20110%2088%22%20fill%3D%22none%22%20xmlns%3D%22http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg%22%3E%0A%3Cpath%20d%3D%22M101.066%2073.6473H101.17V73.5432L108.357%2073.7295L106.845%2037.3604H106.856L105.865%2013.6458L98.5844%2013.4541L98.2776%206.15176L60.0515%205.14927H59.9474L60.1391%209.8933L57.1755%2012.2653L57.0878%2012.3365L50.4648%2012.1612L50.1581%204.85894L11.932%203.85645H11.8279L12.0196%208.60047L9.05597%2010.9725L8.92998%2011.0711L4.94741%2010.967H4.84332L4.98027%2014.2374L1.22778%2017.2394L3.73127%2074.3594H11.0281L11.4444%2081.8644L46.8822%2082.4889L50.0211%2079.5472L53.2532%2079.6294V79.5253L53.0888%2075.6523H59.1421L59.5585%2083.1572L94.9962%2083.7818L98.1352%2080.84L101.367%2080.9222V80.8181L101.071%2073.6363L101.066%2073.6473ZM54.1516%2067.6378L51.4783%2067.5666L47.9121%2067.4735L48.2188%2074.8415L44.0555%2074.7319L19.6999%2074.091L19.3931%2066.723L15.7173%2066.6299L12.3538%2066.5422L10.2283%2016.9381L14.3971%2017.0477L17.3443%2017.1244L17.2402%2014.6428L17.0485%209.9919L39.936%2010.5945L45.4962%2010.7424L45.8578%2017.8749L50.0211%2017.9844L52.9026%2018.0611L53.5161%2031.1921L49.8732%2031.099L39.9524%2030.8415L39.2731%2016.1L23.7866%2015.6946L23.8523%2017.3271L25.9175%2067.1667L39.4703%2067.5228L41.4041%2067.5721L40.4783%2045.2105L32.8966%2045.0078L32.5734%2039.8201L32.5131%2038.8669L35.0221%2038.9326L35.8438%2038.9546L50.2293%2039.3325L53.7846%2039.4257L55.0226%2067.6707L54.1406%2067.6488L54.1516%2067.6378ZM34.918%2033.6079L29.4564%2033.4655L28.9305%2020.7235H29.0346V20.6194L34.4962%2020.7618L35.0221%2033.5039H34.918V33.6079ZM36.1287%2062.8007L30.667%2062.6582L30.1357%2049.8943H30.2397V49.7902L35.7014%2049.9326L36.2328%2062.6966H36.1287V62.8007ZM96.3493%2076.1343L92.186%2076.0248L67.8304%2075.3838L67.5236%2068.0158L63.8478%2067.9227L60.4843%2067.835L58.3588%2018.2309L62.5276%2018.3405L65.4748%2018.4172L65.3707%2015.9356L65.179%2011.2847L88.0664%2011.8873L93.6267%2012.0352L93.9882%2019.1677L101.033%2019.354L101.647%2032.4849L88.0829%2032.1289L87.4036%2017.3873L71.917%2016.9819L71.9828%2018.6144L74.048%2068.4541L87.6008%2068.8101L89.5346%2068.8594L88.6088%2046.4979L81.0271%2046.2952L80.7039%2041.1074L80.6436%2040.1543L83.1526%2040.22L83.9743%2040.2419L101.915%2040.713L103.153%2068.9581L102.271%2068.9361L96.0371%2068.7718L96.3438%2076.1398L96.3493%2076.1343ZM83.043%2034.9008L77.5814%2034.7583L77.0555%2022.0163H77.1596V21.9122L82.6212%2022.0547L83.1471%2034.7967H83.043V34.9008ZM84.2537%2064.0935L78.792%2063.9511L78.2607%2051.1871H78.3647V51.083L83.8264%2051.2255L84.3578%2063.9894H84.2537V64.0935Z%22%20fill%3D%22white%22%2F%3E%0A%3C%2Fsvg%3E%0A)Gaming](https://decrypt.co/gg) ## Coin Prices ### [BTC](https://decrypt.co/price/bitcoin) \$71,847.00 1\.33% ### [ETH](https://decrypt.co/price/ethereum) \$2,209.46 1\.05% ### [BNB](https://decrypt.co/price/binance-coin) \$602.99 1\.88% ### [XRP](https://decrypt.co/price/xrp) \$1.33 0\.74% ### [USDC](https://decrypt.co/price/usd-coin) \$0.999725 \-0.02% ### [SOL](https://decrypt.co/price/solana) \$82.63 1\.19% ### [TRX](https://decrypt.co/price/tron) \$0.320228 \-0.74% ### [FIGR\_HELOC](https://decrypt.co/price/figure-heloc) \$1.04 0\.00% ### [DOGE](https://decrypt.co/price/dogecoin) \$0.09171 1\.14% ### [USDS](https://decrypt.co/price/usds) \$0.999622 \-0.02% ### [WBT](https://decrypt.co/price/whitebit) \$52.59 1\.28% ### [HYPE](https://decrypt.co/price/hyperliquid) \$42.37 3\.81% ### [LEO](https://decrypt.co/price/bitfinex) \$10.11 \-0.39% ### [ADA](https://decrypt.co/price/cardano) \$0.239562 0\.42% ### [BCH](https://decrypt.co/price/bitcoin-cash) \$426.69 0\.78% ### [LINK](https://decrypt.co/price/chainlink) \$8.82 1\.04% ### [XMR](https://decrypt.co/price/monero) \$343.57 1\.29% ### [USDE](https://decrypt.co/price/ethena-usde) \$0.999697 0\.00% ### [CC](https://decrypt.co/price/canton-network) \$0.150981 3\.97% ### [ZEC](https://decrypt.co/price/zcash) \$347.74 \-3.83% ### [XLM](https://decrypt.co/price/stellar) \$0.152866 1\.47% ### [M](https://decrypt.co/price/memecore) \$2.81 1\.28% ### [USD1](https://decrypt.co/price/usd1-wlfi) \$0.998965 \-0.01% ### [LTC](https://decrypt.co/price/litecoin) \$52.97 \-1.13% ### [PYUSD](https://decrypt.co/price/paypal-usd) \$0.999626 \-0.04% ### [AVAX](https://decrypt.co/price/avalanche) \$9.20 2\.57% ### [RAIN](https://decrypt.co/price/rain) \$0.00783468 \-0.16% ### [HBAR](https://decrypt.co/price/hedera-hashgraph) \$0.085008 \-0.64% ### [SUI](https://decrypt.co/price/sui) \$0.91289 1\.34% ### [TON](https://decrypt.co/price/the-open-network) \$1.43 \-1.57% ### [SHIB](https://decrypt.co/price/shiba-inu) \$0.00000577 \-0.08% ### [CRO](https://decrypt.co/price/crypto-com) \$0.068275 0\.15% ### [USYC](https://decrypt.co/price/hashnote-usyc) \$1.12 0\.00% ### [XAUT](https://decrypt.co/price/tether-gold) \$4,686.68 0\.07% ### [WLFI](https://decrypt.co/price/world-liberty-financial) \$0.079918 \-0.49% ### [BUIDL](https://decrypt.co/price/blackrock-usd-institutional-digital-liquidity-fund) \$1.00 0\.00% ### [TAO](https://decrypt.co/price/bittensor) \$254.37 \-1.58% ### [RAVE](https://decrypt.co/price/ravedao) \$9.81 213\.40% ### [PAXG](https://decrypt.co/price/pax-gold) \$4,697.18 0\.07% ### [MNT](https://decrypt.co/price/mantle) \$0.665994 0\.20% ### [USDG](https://decrypt.co/price/global-dollar) \$0.999796 \-0.01% ### [DOT](https://decrypt.co/price/polkadot) \$1.17 \-4.65% ### [UNI](https://decrypt.co/price/uniswap) \$3.09 1\.80% ### [USDF](https://decrypt.co/price/falcon-finance) \$0.997921 \-0.05% ### [NEAR](https://decrypt.co/price/near-protocol) \$1.37 2\.86% ### [OKB](https://decrypt.co/price/okex) \$82.99 \-0.22% ### [SKY](https://decrypt.co/price/sky) \$0.07368 \-1.17% ### [PI](https://decrypt.co/price/pi-network) \$0.164506 \-2.40% ### [HTX](https://decrypt.co/price/htx-dao) \$0.00000177 \-0.34% ### [ASTER](https://decrypt.co/price/aster) \$0.660029 \-0.39% ### [USDD](https://decrypt.co/price/usdd) \$1.00 \-0.10% ### [PEPE](https://decrypt.co/price/pepe) \$0.00000352 1\.85% ### [AAVE](https://decrypt.co/price/aave) \$94.17 5\.55% ### [RLUSD](https://decrypt.co/price/ripple-usd) \$0.999956 \-0.01% ### [JTRSY](https://decrypt.co/price/janus-henderson-anemoy-treasury-fund) \$1.10 0\.03% ### [ICP](https://decrypt.co/price/70579) \$2.44 0\.60% ### [USDY](https://decrypt.co/price/ondo-us-dollar-yield) \$1.13 \-0.18% ### [BGB](https://decrypt.co/price/bitget-token) \$1.90 \-0.46% ### [BFUSD](https://decrypt.co/price/bfusd) \$0.999894 0\.00% ### [ETC](https://decrypt.co/price/ethereum-classic) \$8.18 0\.59% ### [ONDO](https://decrypt.co/price/ondo-finance) \$0.248747 1\.40% ### [GT](https://decrypt.co/price/gatechain-token) \$6.68 0\.91% ### [KCS](https://decrypt.co/price/kucoin-token) \$8.42 1\.94% ### [QNT](https://decrypt.co/price/quant-network) \$74.91 \-1.32% ### [PUMP](https://decrypt.co/price/pump-fun) \$0.00179153 0\.78% ### [RENDER](https://decrypt.co/price/render-network) \$1.87 \-0.33% ### [WLD](https://decrypt.co/price/worldcoin) \$0.295839 3\.18% ### [MORPHO](https://decrypt.co/price/morpho) \$1.71 2\.01% ### [EUTBL](https://decrypt.co/price/eutbl) \$1.23 \-0.23% ### [ALGO](https://decrypt.co/price/algorand) \$0.103263 0\.71% ### [NEXO](https://decrypt.co/price/nexo) \$0.880086 1\.31% ### [POL](https://decrypt.co/price/polygon-ecosystem-token) \$0.082813 0\.43% ### [KAS](https://decrypt.co/price/kaspa) \$0.03214919 0\.48% ### [ATOM](https://decrypt.co/price/cosmos) \$1.73 0\.33% ### [USDTB](https://decrypt.co/price/usdtb) \$0.999567 0\.02% ### [ENA](https://decrypt.co/price/ethena) \$0.093185 2\.71% ### [USTB](https://decrypt.co/price/superstate-short-duration-us-government-securities-fund-ustb) \$11.05 0\.01% ### [BCAP](https://decrypt.co/price/blockchain-capital) \$83.06 0\.00% ### [JST](https://decrypt.co/price/just) \$0.078424 2\.99% ### [APT](https://decrypt.co/price/aptos) \$0.844555 2\.88% ### [OUSG](https://decrypt.co/price/ousg) \$114.87 0\.00% ### [FLR](https://decrypt.co/price/flare-networks) \$0.00788621 2\.46% ### [FIL](https://decrypt.co/price/filecoin) \$0.869849 0\.99% ### [ARB](https://decrypt.co/price/arbitrum) \$0.110756 0\.16% ### [HASH](https://decrypt.co/price/provenance-blockchain) \$0.01167586 1\.49% ### [TRUMP](https://decrypt.co/price/official-trump) \$2.82 \-0.37% ### [NIGHT](https://decrypt.co/price/midnight-3) \$0.03854968 \-0.59% ### [XDC](https://decrypt.co/price/xdce-crowd-sale) \$0.03132137 4\.59% ### [BDX](https://decrypt.co/price/beldex) \$0.080375 0\.19% ### [YLDS](https://decrypt.co/price/ylds) \$0.999728 \-0.02% ### [VET](https://decrypt.co/price/vechain) \$0.00681972 0\.39% ### [GHO](https://decrypt.co/price/gho) \$0.999553 \-0.01% ### [STABLE](https://decrypt.co/price/stable-2) \$0.02633412 1\.88% ### [JUP](https://decrypt.co/price/jupiter-exchange-solana) \$0.16299 2\.17% ### [SIREN](https://decrypt.co/price/siren-2) \$0.785869 \-1.35% ### [USD0](https://decrypt.co/price/usual-usd) \$0.998195 0\.08% ### [FET](https://decrypt.co/price/fetch-ai) \$0.231104 \-1.40% ### [DASH](https://decrypt.co/price/dash) \$40.85 \-3.59% ### [BONK](https://decrypt.co/price/bonk) \$0.00000568 0\.57% ### [A7A5](https://decrypt.co/price/a7a5) \$0.01265084 0\.25% ### [CAKE](https://decrypt.co/price/pancakeswap) \$1.51 3\.14% ### [TUSD](https://decrypt.co/price/true-usd) \$0.999053 \-0.05% ### [ZRO](https://decrypt.co/price/layerzero) \$1.95 2\.61% ### [DEXE](https://decrypt.co/price/dexe) \$9.73 1\.46% ### [ADI](https://decrypt.co/price/adi-token) \$4.32 \-0.34% ### [VIRTUAL](https://decrypt.co/price/virtual-protocol) \$0.661008 2\.49% ### [EURC](https://decrypt.co/price/euro-coin) \$1.17 \-0.03% ### [PENGU](https://decrypt.co/price/pengu) \$0.00658742 1\.61% ### [JAAA](https://decrypt.co/price/janus-henderson-anemoy-aaa-clo-fund) \$1.03 0\.05% ### [FDUSD](https://decrypt.co/price/first-digital-usd) \$0.99875 \-0.03% ### [STX](https://decrypt.co/price/blockstack) \$0.214729 0\.60% ### [MON](https://decrypt.co/price/monad) \$0.03335164 0\.98% ### [VVV](https://decrypt.co/price/venice-token) \$8.40 5\.46% ### [CHZ](https://decrypt.co/price/chiliz) \$0.03654196 \-2.04% ### [DCR](https://decrypt.co/price/decred) \$21.61 \-0.31% ### [XTZ](https://decrypt.co/price/tezos) \$0.340217 \-0.85% ### [SEI](https://decrypt.co/price/sei-network) \$0.054604 1\.87% ### [KAU](https://decrypt.co/price/kinesis-gold) \$152.60 5\.26% ### [USX](https://decrypt.co/price/usx) \$0.999334 \-0.02% ### [PRIME](https://decrypt.co/price/hastra-prime) \$1.031 0\.08% ### [SUN](https://decrypt.co/price/sun-token) \$0.01804206 \-1.81% ### [AERO](https://decrypt.co/price/aerodrome-finance) \$0.363818 2\.16% ### [NFT](https://decrypt.co/price/apenft) \$0.00000033 0\.77% ### [ETHFI](https://decrypt.co/price/ether-fi) \$0.408763 0\.27% ### [BTT](https://decrypt.co/price/bittorrent) \$0.00000033 0\.68% ### [CRV](https://decrypt.co/price/curve-dao-token) \$0.210411 0\.41% ### [GNO](https://decrypt.co/price/gnosis) \$118.28 0\.38% ### [BSV](https://decrypt.co/price/bitcoin-sv) \$15.16 \-1.22% ### [XPL](https://decrypt.co/price/plasma) \$0.125944 1\.18% ### [EDGE](https://decrypt.co/price/edgex) \$0.835987 \-7.67% ### [INJ](https://decrypt.co/price/injective) \$2.93 1\.15% ### [USDAI](https://decrypt.co/price/usdai) \$0.999532 \-0.03% ### [SPX](https://decrypt.co/price/spx6900) \$0.303281 0\.78% ### [KAG](https://decrypt.co/price/kinesis-silver) \$74.28 5\.98% ### [CFX](https://decrypt.co/price/conflux-token) \$0.05298 2\.03% ### [FRAX](https://decrypt.co/price/frax) \$0.993949 0\.09% ### [2Z](https://decrypt.co/price/doublezero) \$0.078948 4\.69% ### [KAIA](https://decrypt.co/price/kaia) \$0.04618133 \-1.13% ### [LIT](https://decrypt.co/price/lighter) \$1.085 3\.72% ### [FLOKI](https://decrypt.co/price/floki) \$0.00002794 0\.96% ### [TIA](https://decrypt.co/price/celestia) \$0.295916 0\.78% ### [SYRUP](https://decrypt.co/price/syrup) \$0.229091 0\.84% ### [APEPE](https://decrypt.co/price/ape-and-pepe) \$0.00000126 \-3.33% ### [FO](https://decrypt.co/price/official-fo) \$0.264035 \-0.66% ### [LDO](https://decrypt.co/price/lido-dao-token) \$0.30998 \-0.81% ### [JASMY](https://decrypt.co/price/jasmycoin) \$0.00529184 0\.97% ### [GRT](https://decrypt.co/price/the-graph) \$0.02379267 0\.97% ### [ZBCN](https://decrypt.co/price/zebec-network) \$0.00255806 \-1.59% ### [OHM](https://decrypt.co/price/olympusdao) \$15.99 \-0.12% ### [CRVUSD](https://decrypt.co/price/crvusd) \$0.999627 \-0.16% ### [PYTH](https://decrypt.co/price/pyth-network) \$0.04272558 \-2.56% ### [KITE](https://decrypt.co/price/kite-2) \$0.135055 2\.16% ### [IOTA](https://decrypt.co/price/iota) \$0.05437 \-1.51% ### [LUNC](https://decrypt.co/price/terra-luna) \$0.00004217 5\.14% ### [OP](https://decrypt.co/price/optimism) \$0.108582 1\.05% ### [澁漉äșș生](https://decrypt.co/price/bianrensheng) \$0.21714 45\.01% ### [USDA](https://decrypt.co/price/usda-2) \$0.984361 0\.00% ### [UDS](https://decrypt.co/price/undeads-games) \$1.75 \-0.35% ### [AUSD](https://decrypt.co/price/agora-dollar) \$0.999786 \-0.02% ### [9BIT](https://decrypt.co/price/the9bit) \$0.02638309 3\.14% ### [ENS](https://decrypt.co/price/ethereum-name-service) \$5.60 0\.72% ### [REAL](https://decrypt.co/price/reallink) \$0.065808 1\.76% ### [VSN](https://decrypt.co/price/vision-3) \$0.055871 \-0.92% ### [SAND](https://decrypt.co/price/the-sandbox) \$0.07546 0\.41% ### [TEL](https://decrypt.co/price/telcoin) \$0.00207951 1\.06% ### [COMP](https://decrypt.co/price/compound-comp-token) \$20.41 \-2.04% ### [ULTIMA](https://decrypt.co/price/ultima) \$5,203.41 7\.95% ### [NEO](https://decrypt.co/price/neo) \$2.77 1\.83% ### [PC0000031](https://decrypt.co/price/tradable-na-rent-financing-platform-sstn) \$1.00 0\.00% ### [HNT](https://decrypt.co/price/helium) \$1.024 1\.05% ### [GRASS](https://decrypt.co/price/grass) \$0.333527 1\.29% ### [STRK](https://decrypt.co/price/starknet) \$0.03290876 \-0.81% ### [WIF](https://decrypt.co/price/dogwifcoin) \$0.186981 \-0.58% ### [FF](https://decrypt.co/price/falcon-finance-ff) \$0.079311 \-1.50% ### [BTSE](https://decrypt.co/price/btse-token) \$1.14 \-1.38% ### [B](https://decrypt.co/price/build-on) \$0.18275 15\.12% ### [AXS](https://decrypt.co/price/axie-infinity) \$1.073 \-1.68% ### [FARTCOIN](https://decrypt.co/price/fartcoin) \$0.18111 \-3.87% ### [FDIT](https://decrypt.co/price/fidelity-digital-interest-token) \$1.00 0\.00% ### [XCN](https://decrypt.co/price/chain-2) \$0.00469595 \-0.09% ### [BORG](https://decrypt.co/price/swissborg) \$0.180613 \-1.56% ### [PENDLE](https://decrypt.co/price/pendle) \$1.061 0\.73% ### [REUSD](https://decrypt.co/price/re-protocol-reusd) \$1.072 0\.08% ### [H](https://decrypt.co/price/humanity) \$0.095309 2\.27% ### [THETA](https://decrypt.co/price/theta-network) \$0.172268 3\.45% ### [TWT](https://decrypt.co/price/trust-wallet-token) \$0.409397 \-0.76% ### [RAY](https://decrypt.co/price/raydium) \$0.634778 1\.25% ### [USTBL](https://decrypt.co/price/spiko-us-t-bills-money-market-fund) \$1.08 0\.03% ### [NUSD](https://decrypt.co/price/nusd-2) \$0.999189 0\.04% ### [IP](https://decrypt.co/price/story-2) \$0.47802 0\.01% ### [MANA](https://decrypt.co/price/decentraland) \$0.086997 0\.49% ### [WFI](https://decrypt.co/price/wefi) \$2.01 \-2.78% ### [MX](https://decrypt.co/price/mx-token) \$1.77 \-0.00% ### [KOGE](https://decrypt.co/price/bnb48-club-token) \$48.01 0\.00% ### [SATUSD](https://decrypt.co/price/satoshi-stablecoin) \$0.997565 0\.27% ### [WAL](https://decrypt.co/price/walrus-2) \$0.069088 \-1.03% ### [CVX](https://decrypt.co/price/convex-finance) \$1.72 \-0.16% ### [S](https://decrypt.co/price/sonic-3) \$0.04046132 \-1.14% ### [AB](https://decrypt.co/price/newton-project) \$0.00153477 0\.21% ### [EURS](https://decrypt.co/price/stasis-eurs) \$1.22 0\.32% ### [CRCLON](https://decrypt.co/price/circle-internet-group-ondo-tokenized-stock) \$95.41 9\.99% ### [RIVER](https://decrypt.co/price/river) \$7.66 \-12.36% ### [GUSD](https://decrypt.co/price/gusd) \$0.999286 0\.03% ### [JTO](https://decrypt.co/price/jito-governance-token) \$0.324933 7\.61% ### [ZK](https://decrypt.co/price/zksync) \$0.01545891 1\.13% ### [ARIA](https://decrypt.co/price/aria-ai) \$0.795359 \-12.80% ### [SFP](https://decrypt.co/price/safepal) \$0.28758 0\.65% ### [ZANO](https://decrypt.co/price/zano) \$9.28 4\.14% ### [BAT](https://decrypt.co/price/basic-attention-token) \$0.09461 \-0.98% ### [LUX](https://decrypt.co/price/luxxcoin) \$0.00139416 5\.36% ### [GALA](https://decrypt.co/price/gala) \$0.00290521 \-0.72% ### [RUNE](https://decrypt.co/price/thorchain) \$0.393402 2\.02% ### [XEC](https://decrypt.co/price/ecash) \$0.00000681 0\.26% ### [ONYC](https://decrypt.co/price/onyc) \$1.092 0\.02% ### [TIBBIR](https://decrypt.co/price/ribbita-by-virtuals) \$0.134541 10\.93% ### [THBILL](https://decrypt.co/price/theo-short-duration-us-treasury-fund) \$1.02 \-0.04% ### [APXUSD](https://decrypt.co/price/apxusd) \$0.999731 0\.01% ### [FRXUSD](https://decrypt.co/price/frax-usd) \$0.999455 \-0.04% ### [GENIUS](https://decrypt.co/price/genius-3) \$0.470818 42\.53% ### [ACRED](https://decrypt.co/price/apollo-diversified-credit-securitize-fund) \$1,093.05 \-0.01% ### [TRAC](https://decrypt.co/price/origintrail) \$0.289727 \-1.28% ### [1INCH](https://decrypt.co/price/1inch) \$0.091423 0\.18% ### [GEKKO](https://decrypt.co/price/gekko) \$0.00000064 0\.92% ### [SOSO](https://decrypt.co/price/sosovalue) \$0.407061 0\.57% ### [A](https://decrypt.co/price/vaulta) \$0.077093 0\.00% ### [0G](https://decrypt.co/price/zero-gravity) \$0.587434 3\.65% ### [OZO](https://decrypt.co/price/ozone-chain) \$0.130742 1\.59% ### [GLM](https://decrypt.co/price/golem) \$0.124341 0\.12% ### [AVUSD](https://decrypt.co/price/avant-usd) \$0.999053 \-0.05% ### [FLUID](https://decrypt.co/price/instadapp) \$1.59 0\.76% ### [CASH](https://decrypt.co/price/cash-4) \$1.001 0\.15% ### [SHFL](https://decrypt.co/price/shuffle-2) \$0.304678 4\.56% ### [EURCV](https://decrypt.co/price/societe-generale-forge-eurcv) \$1.17 \-0.09% ### [ATH](https://decrypt.co/price/aethir) \$0.0063785 11\.29% ### [IMX](https://decrypt.co/price/immutable-x) \$0.144515 3\.73% ### [PUSD](https://decrypt.co/price/pleasing-usd) \$0.996185 0\.01% ### [AKT](https://decrypt.co/price/akash-network) \$0.454508 2\.47% ### [GOMINING](https://decrypt.co/price/gmt-token) \$0.294692 \-1.00% ### [COW](https://decrypt.co/price/cow-protocol) \$0.214022 1\.13% ### [USDF](https://decrypt.co/price/astherus-usdf) \$0.999905 0\.03% ### [FT](https://decrypt.co/price/flying-tulip) \$0.080324 0\.52% ### [WEMIX](https://decrypt.co/price/wemix-token) \$0.249982 1\.34% ### [BC](https://decrypt.co/price/bc-token) \$0.01157161 0\.71% ### [PC0000023](https://decrypt.co/price/tradable-singapore-fintech-ssl-2) \$1.00 0\.00% ### [SENT](https://decrypt.co/price/sentient) \$0.01574514 \-0.58% ### [QRL](https://decrypt.co/price/quantum-resistant-ledger) \$1.46 2\.77% ### [CFG](https://decrypt.co/price/centrifuge-2) \$0.198049 2\.17% ### [TKX](https://decrypt.co/price/tokenize-xchange) \$1.41 0\.16% [Price data by](https://www.coingecko.com/?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_marquee_widget) *** [![](https://cdn.decrypt.co/wp-content/themes/decrypt-media/assets/images/favicon-32x32.png) Decrypt](https://decrypt.co/) [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) *** # Elon Musk's Tesla Has Invested \$1.5 Billion Into Bitcoin ## Tesla has invested \$1.5 billion into Bitcoin, according to an SEC filing published today. [![Tim Copeland](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/01/IMG_78071-copy-300x300.jpg@webp)](https://decrypt.co/author/timcopeland) By [Tim Copeland](https://decrypt.co/author/timcopeland) Feb 8, 2021 Feb 8, 2021 3 min read ![Tesla CEO Elon Musk. Image: Shutterstock.](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/05/elon-musk-tech-stocks-markets-crypto-gID_6.jpg@webp) Tesla CEO Elon Musk. Image: Shutterstock. Create an account to save your articles. [Add on Google](https://www.google.com/preferences/source?q=decrypt.co) Add Decrypt as your preferred source to see more of our stories on Google. Tesla has invested \$1.5 billion into [Bitcoin](https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer), according to an SEC filing today. "Thereafter, we invested an aggregate \$1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term," the filing [said](https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm). The filing added that Tesla expects to begin accepting Bitcoin as payment for its products, including its cars, in the near future. Bitcoin's price has shot up on the news, rising from \$39,000 to \$43,000 at press time—breaking a [new all-time high](https://decrypt.co/56959/bitcoin-breaks-all-time-high-as-tesla-invests-1-5-billion-in-btc). ![Bitcoin's price is booming. Here's why. Image: Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/11/Bitcoin-price-3-gID_4.jpg@webp) ## [Bitcoin Breaks All-Time High as Tesla Invests \$1.5 Billion in BTC](https://decrypt.co/56959/bitcoin-breaks-all-time-high-as-tesla-invests-1-5-billion-in-btc) The price of Bitcoin has spiked to a new all-time high today on the back of news that EV manufacturer Tesla has invested \$1.5 billion into Bitcoin. The cryptocurrency's current price is now \$44,790, up 8.5% in the last hour. Most of the growth came immediately after the news broke. Bitcoin rose from \$39,244 to hit a high of \$43,233 in just 20 minutes, according to CoinGecko. As a result, Bitcoin is now up 11.4% in the last week, 30% in the last month and 340% in the last year. The surging Bitco... [News](https://decrypt.co/news) [Coins](https://decrypt.co/news/cryptocurrencies) 3 min read Tim Copeland Feb 8, 2021 Feb 8, 2021 Create an account to save your articles. Experts judged the move unsurprising, while conceding it was a major development for the cryptocurrency. "People have basically just been waiting for the moment that Elon Musk would announce one of his companies has allocated part of their treasury assets to Bitcoin," said Guy Hirsch, managing director for US at eToro. Hirsch also noted that news of Tesla's Bitcoin play emerged mere days after the recent [MicroStrategy WorldNow conference](https://decrypt.co/56498/microstrategy-avalanche-companies-bitcoin-crusade), aimed at enticing institutional investors into Bitcoin. At the event, MicroStrategy CEO Michael Saylor said he expected an "avalanche of companies" converting their balance sheets into Bitcoin. "It's further proof that the smart money is still buying Bitcoin even when many others were shedding BTC holdings as it continued to trade sideways," said Hirsch. "Musk and Tesla move markets in a way few others can, and this may be the point where we look back and realize Bitcoin went mainstream," he added. ![Bitcoin](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/03/bitcoin.png@webp) BTC \+1\.53%\$71,803.69 *** 24H7D1M1YMAX Created with Highcharts 10.3.3 Mar 16 Mar 18 Mar 20 Mar 22 Mar 24 Mar 26 Mar 28 Mar 30 Apr 1 Apr 3 Apr 5 Apr 7 Apr 9 Apr 11 Apr 13 \$70000 \$65000 \$67500 \$72500 \$75000 \$77500 [Price data by](https://www.coingecko.com/en/coins/bitcoin?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_chart_widget) [BTC price](https://decrypt.co/price/bitcoin) The filing says that Tesla updated its investment policy in January in order to diversify its cash on hand and maximize returns. Its policy says that it may invest its reserves into digital assets, gold, gold ETFs and other assets. It was with this new policy in mind that it invested heavily into Bitcoin. ## Michael Saylor extended offer to Elon Musk Tesla's Bitcoin purchase comes just over a month after MicroStrategy's Saylor [extended an invitation](https://decrypt.co/52092/bitcoin-pumps-as-michael-saylor-extends-offer-to-elon-musk) to Elon Musk, offering to show him his playbook for buying Bitcoin. "If you want to do your shareholders a \$100 billion favor, convert the \$TSLA balance sheet from USD to \#BTC. Other firms on the S\&P 500 would follow your lead & in time it would grow to become a \$1 trillion favor," Saylor said at the time. ![](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/10/Saylor-Pre-Bitcoin-gID_1.png@webp) ## [Bitcoin Pumps as Michael Saylor Extends Offer to Elon Musk](https://decrypt.co/52092/bitcoin-pumps-as-michael-saylor-extends-offer-to-elon-musk) Listen here, Elon Musk: Michael Saylor, CEO of MicroStrategy, has some advice. Saylor has bought \$1.3 billion in Bitcoin in the past few months, he claims on Twitter, and he's willing to share his tips with you, the self-titled Lord Edge. MicroStrategy bought hundreds of millions in Bitcoin—\$500 million since August, and plans to buy another \$650 million more with investors' money. Since Saylor invested, Bitcoin has more than doubled in price; yesterday, it hit a new all-time high of \$24,000. M... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 2 min read Robert Stevens Dec 20, 2020 Dec 20, 2020 Create an account to save your articles. Musk replied, asking, "Are such large transactions even possible?" It's likely he was referring to whether it's possible to buy such large amounts of Bitcoin, not in terms of sending large Bitcoin transactions. It wasn't long before Musk started tweeting a lot more about cryptocurrency. On January 29, he [changed his Twitter bio](https://decrypt.co/55943/elon-musks-twitter-bio-now-says-one-word-bitcoin) to just one word: \#Bitcoin. He later [confirmed on Clubhouse](https://decrypt.co/56167/elon-musk-now-supports-bitcoin-saying-it-is-a-good-thing) that he was now a "supporter of Bitcoin." "I am late to the party but a supporter," he told his audience. "Bitcoin is on the verge of getting broad acceptance by traditional finance people." Musk has also been tweeting about Dogecoin with some regularity, from memes to comments that it will be the future currency of earth. While the price of Dogecoin [pumped](https://decrypt.co/56544/dogecoin-price-shoots-up-on-elon-musks-to-the-moon-tweets) as a result of Musk's "joking" tweets, it seems like his heart—and Tesla's pocketbook—was focused on Bitcoin, after all. ***Do not miss any breaking news in the future, make sure to [follow us on Twitter](https://twitter.com/decryptmedia)***. ### Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. ### Recommended News - ![Strategy founder Michael Saylor, with eyes on Bitcoin. Source: Michael Saylor/Decrypt](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/07/michael-saylor-bitcoin-lightning-x-twitter-gID_7.png@webp) ## [Strategy's Bitcoin Stockpile Nears BlackRock's ETF Holdings After \$1 Billion BTC Buy](https://decrypt.co/364114/strategy-bitcoin-stockpile-nears-blackrocks-etf-holdings-1-billion-buy) Strategy indicated on Monday that it spent \$1 billion on Bitcoin last week, adding to its stockpile using proceeds that came solely from its flagship preferred share. The Bitcoin-buying firm said in an announcement that it now owns nearly 781,000 Bitcoin, a 1.8% jump compared to the week prior. With Bitcoin recently changing hands around \$70,900, the company’s holdings were worth \$55.3 billion, according to CoinGecko. The Tysons Corner, Virginia-based firm’s latest purchase, totaling roughly 14,... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 4 min read AndrĂ© Beganski Apr 13, 2026 Apr 13, 2026 Create an account to save your articles. - ![Morgan Stanley. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2026/02/decrypt-style-morgan-stanley-gID_7.png@webp) ## ['Not Going to Stop at Bitcoin': Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push](https://decrypt.co/364030/not-going-stop-bitcoin-morgan-stanley-weighs-tokenization-tax-solutions) The debut of Morgan Stanley’s spot Bitcoin ETF marked a major milestone on Wednesday for the investment bank with \$9.3 trillion in client assets, but the financial powerhouse is already weighing what could be next when it comes to crypto. The firm filed applications in January for exchange-traded funds tracking Ethereum and Solana, but it’s doubtful that the company will stop there, Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, told Decrypt in an interview this week. “We’re n... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 3 min read AndrĂ© Beganski Apr 11, 2026 Apr 11, 2026 Create an account to save your articles. - ![Stablecoins are being increasingly used for payments. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/06/credit-card-decrypt-style-04-gID_7.png@webp) ## [Exodus Rolls Out 'Exodus Pay' to Turn Bitcoin Wallet Into Spending App](https://decrypt.co/363947/exodus-pay-bitcoin-wallet-spending-app) Exodus, the publicly traded crypto wallet provider, began rolling out a new “Exodus Pay” feature on Wednesday, aiming to turn its self-custodial storage app into a tool for everyday payments. The launch is currently limited to users in five states, including New York and California. The Omaha-based firm listed its stock on the New York Stock Exchange in 2024 and says the new feature expands the role of its wallet beyond storage into payments. The company positions the service as an alternative... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 2 min read Jason Nelson Apr 10, 2026 Apr 10, 2026 Create an account to save your articles. [All](https://decrypt.co/news) [![](https://cdn.decrypt.co/wp-content/themes/decrypt-media/assets/images/favicon-32x32.png) Decrypt](https://decrypt.co/) [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) *** # CME Launches Ethereum Futures, ETH Price Stays Steady ## The launch of Ethereum futures on institutional exchange CME shows that it’s “clearly bullish” on crypto, experts say. [![Liam Frost](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/11/photo_2019-11-27-17.13.30-300x300.jpeg@webp)](https://decrypt.co/author/liamfrost) By [Liam Frost](https://decrypt.co/author/liamfrost) Feb 8, 2021 Feb 8, 2021 3 min read ![Ethereum. Image: Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/02/ethereum-gID_1.jpg@webp) Ethereum. Image: Shutterstock Create an account to save your articles. [Add on Google](https://www.google.com/preferences/source?q=decrypt.co) Add Decrypt as your preferred source to see more of our stories on Google. #### In brief - The Chicago Mercantile Exchange (CME) has launched Ethereum futures trading. - CME's new offering will accompany Bitcoin futures and options it launched three years ago. - The launch of ETH futures is the next step towards the adoption of crypto in the institutional finance sector, experts noted. The Chicago Mercantile Exchange (CME) has launched [Ethereum](https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide) futures trading on its platform, making it easier for institutional investors to gain exposure to the world’s second-largest cryptocurrency by market cap. According to [data from Skew](https://twitter.com/DocumentEther/status/1358685793674555392), a total of 77 Ethereum futures contracts have already been traded since the launch. Per CME’s [specifications](https://www.cmegroup.com/trading/ether-futures.html), the contracts are for 50 ETH each (currently around \$81,650 each or \$6.3 million combined). “With the Ethereum network enabling tens of new ‘crypto unicorns’ in the last year, ETH is poised to become a clear focal point for investors seeking exposure to the broader innovation enabled by crypto, and its now numerous use cases,” Lior Messika, founder and managing partner at EU venture fund Eden Block, told *Decrypt*. He added that in many ways, Ethereum is currently in a much earlier stage of discovering its full potential, while the “narrative of Bitcoin” has been proving itself for over 10 years already. > CME ether futures start trading. 77 contracts crossed so far. ETH / BTC retraced a bit. [pic.twitter.com/YaFwtV4Jir](https://t.co/YaFwtV4Jir) > > — Documenting Ethereum đŸ§Ÿ (@DocumentEther) [February 8, 2021](https://twitter.com/DocumentEther/status/1358685793674555392?ref_src=twsrc%5Etfw) A type of derivatives contract, futures are designed for selling an asset at a specific price on a certain date in the future. Unlike options, futures contracts must be fulfilled on their expiration date. This way, it is somewhat of a financial gamble where one of the two parties “wins” depending on the difference between the contract’s strike price and the actual market price of the asset at the time. ## Institutional exposure to DeFi While CME launched Bitcoin futures and options trading a little over three years ago—marking the top of Bitcoin’s bull run—it took its time before adding another coin to the list. But Ethereum is quite a different beast. The blockchain platform serves as a foundation for countless decentralized finance (DeFi) projects. Kadan Stadelmann, CTO of blockchain solutions provider Komodo, said that CME’s launch of ETH futures is “the next step” towards the adoption of cryptocurrencies in the institutional finance sector that the crypto industry has been waiting for. ![Ethereum tokens](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/01/ethereum-market-cap-top-100.jpg@webp) Ethereum tokens. Image: Shutterstock “Bitcoin and Ethereum are obviously in a different stratosphere when looking at current crypto adoption, but I do believe this is only the beginning of futures trading expansion among large institutions. We will see more assets supported and more players in the mix,” Stadelmann told *Decrypt*. He explained that, when CME first launched Bitcoin futures back in 2017, the market was quite different from what it is today. At the time, smart contracts technology was in its infancy, and not as many understood what blockchain really is. But today, Ethereum is a “global financial powerhouse” with ETH at the center of it. ![Following ETH's breakout above \$400, Ethereum futures value reached a new all-time high. Image: Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/08/ethereum-futuers-new-high-aug-14-gID_1.jpg@webp) ## [Ethereum futures open interest reaches \$1.5 billion](https://decrypt.co/38746/ethereum-futures-open-interest-reaches-1-5-billion) The total value of outstanding Ethereum (ETH) futures contracts has reached an all-time high of \$1.5 billion today, according to crypto analytics platform Skew. âŹ†ïž Another new ATH in ETH Futures Open Interest, crossing the \$1.5bn mark for the very first time across the exchanges https://t.co/0KkntYiyQp tracks. pic.twitter.com/bnh2WcWixT — skew (@skewdotcom) August 14, 2020 Also known as open interest, this figure reflects the current total value of Ethereum futures that have not been settled y... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 3 min read Liam Frost Aug 14, 2020 Aug 14, 2020 Create an account to save your articles. “Everything from decentralized exchanges to lending protocols to NFT marketplaces is currently running on the Ethereum network. CME Group, as well as other major institutions, are clearly bullish that cryptocurrencies and decentralized technologies will only gain more momentum in the coming years,” Stadelmann added. As *Decrypt* reported last Friday, digital asset manager Grayscale added [over \$38 million worth of ETH](https://decrypt.co/56426/ethereum-gathers-momentum-as-grayscale-picks-up-38-million-in-eth) to its Ethereum holdings in just one day. But do the institutions solely want price action, or will they be lured into the DeFi space too? ### Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. ### Recommended News - ![Strategy founder Michael Saylor, with eyes on Bitcoin. Source: Michael Saylor/Decrypt](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/07/michael-saylor-bitcoin-lightning-x-twitter-gID_7.png@webp) ## [Strategy's Bitcoin Stockpile Nears BlackRock's ETF Holdings After \$1 Billion BTC Buy](https://decrypt.co/364114/strategy-bitcoin-stockpile-nears-blackrocks-etf-holdings-1-billion-buy) Strategy indicated on Monday that it spent \$1 billion on Bitcoin last week, adding to its stockpile using proceeds that came solely from its flagship preferred share. The Bitcoin-buying firm said in an announcement that it now owns nearly 781,000 Bitcoin, a 1.8% jump compared to the week prior. With Bitcoin recently changing hands around \$70,900, the company’s holdings were worth \$55.3 billion, according to CoinGecko. The Tysons Corner, Virginia-based firm’s latest purchase, totaling roughly 14,... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 4 min read AndrĂ© Beganski Apr 13, 2026 Apr 13, 2026 Create an account to save your articles. - ![Morgan Stanley. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2026/02/decrypt-style-morgan-stanley-gID_7.png@webp) ## ['Not Going to Stop at Bitcoin': Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push](https://decrypt.co/364030/not-going-stop-bitcoin-morgan-stanley-weighs-tokenization-tax-solutions) The debut of Morgan Stanley’s spot Bitcoin ETF marked a major milestone on Wednesday for the investment bank with \$9.3 trillion in client assets, but the financial powerhouse is already weighing what could be next when it comes to crypto. The firm filed applications in January for exchange-traded funds tracking Ethereum and Solana, but it’s doubtful that the company will stop there, Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, told Decrypt in an interview this week. “We’re n... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 3 min read AndrĂ© Beganski Apr 11, 2026 Apr 11, 2026 Create an account to save your articles. - ![Stablecoins are being increasingly used for payments. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/06/credit-card-decrypt-style-04-gID_7.png@webp) ## [Exodus Rolls Out 'Exodus Pay' to Turn Bitcoin Wallet Into Spending App](https://decrypt.co/363947/exodus-pay-bitcoin-wallet-spending-app) Exodus, the publicly traded crypto wallet provider, began rolling out a new “Exodus Pay” feature on Wednesday, aiming to turn its self-custodial storage app into a tool for everyday payments. The launch is currently limited to users in five states, including New York and California. The Omaha-based firm listed its stock on the New York Stock Exchange in 2024 and says the new feature expands the role of its wallet beyond storage into payments. The company positions the service as an alternative... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 2 min read Jason Nelson Apr 10, 2026 Apr 10, 2026 Create an account to save your articles. [All](https://decrypt.co/news) [![](https://cdn.decrypt.co/wp-content/themes/decrypt-media/assets/images/favicon-32x32.png) Decrypt](https://decrypt.co/) Brought to you by AAX *** # Global Market Cap Passes \$1.2 Trillion As Doge Breaks Back into Top 10 ## Crypto is booming as investors and financial services pile into the bull run. Doge continues to attract new celebrity fans. [![Matt Hussey](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/01/0-2-300x300.jpg@webp)](https://decrypt.co/author/matthussey) By [Matt Hussey](https://decrypt.co/author/matthussey) Feb 8, 2021 Feb 8, 2021 3 min read ![Bitcoin is the market leader in crypto. Image: Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/02/bitcoin-markets-gID_5.jpg@webp) Bitcoin is the market leader in crypto. Image: Shutterstock Create an account to save your articles. [Add on Google](https://www.google.com/preferences/source?q=decrypt.co) Add Decrypt as your preferred source to see more of our stories on Google. #### In brief - Global crypto markets continue record breaking run. - Surges in Bitcoin and Ethereum prices underpinned the market surge. - Futures markets are also up after Joe Biden's stimulus package is approved. The weekend saw crypto’s global market cap continue to surge to new highs as a raft of new investors, and investment tools gear up to start offering more ways of dabbling in digital money. In just three days, markets added \$500 million to their coffers to a total market cap of \$1.23 trillion, according to data company [Nomics.](https://nomics.com/) ![nomics-price-date-chart](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2021/02/Screenshot-2021-02-08-at-08.27.04.png@webp) Global Market Cap continues its march. IMAGE: Nomics The overwhelming majority of that growth came from [Bitcoin](https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer), which flirted with \$40,000 before pulling back to the \$38,000s. At the time of writing [Bitcoin](https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer) is down 2% over the last 24 hours, but is still within touching distance of January 8’s all time high of \$40,771. Side note: different exchanges will have recorded different prices, and [therefore different reporters](https://decrypt.co/56864/bitcoin-price-hits-40k-as-crypto-rally-continues) report different numbers but the overall trend is: Bitcoin go up. ![Bitcoin](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/03/bitcoin.png@webp) BTC \+1\.27%\$71,803.69 *** 24H7D1M1YMAX Created with Highcharts 10.3.3 6:00PM 9:00PM Apr 13 3:00AM 6:00AM 9:00AM 12:00PM 3:00PM \$70500 \$71000 \$71500 \$72000 \$72500 [Price data by](https://www.coingecko.com/en/coins/bitcoin?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_chart_widget) [BTC price](https://decrypt.co/price/bitcoin) [Ethereum](https://decrypt.co/resources/what-is-ethereum-quickly-explained-four-minute-guide) meanwhile continued its price rally north of \$1,500 over the weekend. The currency has spent six days above that mark despite a flash crash that sank the price by 10% over the weekend. ![Ethereum](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/03/ethereum.png@webp) ETH \+0\.90%\$2,206.14 *** 24H7D1M1YMAX Created with Highcharts 10.3.3 6:00PM 9:00PM Apr 13 3:00AM 6:00AM 9:00AM 12:00PM 3:00PM \$2180 \$2190 \$2200 \$2210 \$2220 \$2230 \$2240 [Price data by](https://www.coingecko.com/en/coins/ethereum?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_chart_widget) [ETH price](https://decrypt.co/price/ethereum) This week could bring increased volatility to Eth’s price as the Chicago Mercantile Exchange is due to launch its ETH futures contracts. These contracts will allow institutional investors to speculate on the price of the coin, in both long and short positions. For reference, when the CME first launched its Bitcoin futures contracts on 2017, Bitcoin surged to record highs. Speaking of [Bitcoin futures](https://www.aax.com/futures/trade/BTC:USD:FP?lang=en-US), the amount locked in contracts betting on the future price of Bitcoin hit a record high of \$14 billion over the weekend. ![Bitcoin Futures. IMAGE: Shutterstock.](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/11/Bitcoin-futures-why-they-are-so-popular-gID_4.jpg@webp) ## [Analysts Explain Why Bitcoin Futures Open Interest Just Topped \$14 Billion](https://decrypt.co/56914/analysts-explain-why-bitcoin-futures-open-interest-just-topped-14-billion) The total open interest (OI) across Bitcoin (BTC) futures markets today reached more than \$14 billion, according to market analytics firm Skew, and as picked up by Unfolded. Global \#bitcoin futures OI hits \$14b for the first time. pic.twitter.com/l9UeeSguu7 — unfolded. (@cryptounfolded) February 7, 2021 Bitcoin futures open interest refers to the sum of all opened futures contracts minus those that have been closed. Bitcoin futures contracts are deals that let people buy Bitcoin at a predeterm... [News](https://decrypt.co/news) [Coins](https://decrypt.co/news/cryptocurrencies) 3 min read Ekin Genç Feb 7, 2021 Feb 7, 2021 Create an account to save your articles. However, with Chinese New Year fast approaching, many are expecting increased price fluctuations as Chinese citizens have traditionally sold their Bitcoin holdings around this time leading to a drop in price. But there are projects that seem impervious to China’s festive celebrations. ![Bitcoin's price normally fluctuates in January. Is Chinese New Year responsible? (Image: Toa55)](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/01/chinese-new-year-2020-bitcoin-price-gID_2.jpg@webp) ## [Does the Chinese New Year really affect Bitcoin's price?](https://decrypt.co/17439/does-the-chinese-new-year-really-affect-bitcoins-price) For the last five years running, the price of Bitcoin has fluctuated drastically in January. Historically, the wild price action seen in January often makes it the worst month for Bitcoin performance; for the last five years, Bitcoin has experienced a dump of between 15% and 50% beginning in early to mid-January, which often sends Bitcoin down to its lowest value of the year. Although there have been several explanations postulated for why this dump occurs so consistently around this time, one o... [News](https://decrypt.co/news) [Coins](https://decrypt.co/news/cryptocurrencies) 4 min read Daniel Phillips Jan 25, 2020 Jan 24, 2020 Create an account to save your articles. Dogecoin’s rollercoaster ride continued across the weekend as more celebrities dived into pump the coin to their sizeable followings. Joining the likes of Elon Musk and former KISS frontman Gene Simmons was Snoop Dogg. ![Dogecoin. Image: Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2020/07/shutterstock_644794810-2-scaled-gID_6.jpg@webp) ## [Snoop Dogg Joins Gene Simmons and Elon Musk in Pumping Dogecoin](https://decrypt.co/56905/snoop-dogg-joins-gene-simmons-and-elon-musk-in-pumping-dogecoin) Snoop Dogg has joined Tesla CEO Elon Musk and KISS bassist Gene Simmons in pumping the price of Dogecoin. @elonmusk pic.twitter.com/KElwKghpei — Snoop Dogg (@SnoopDogg) February 6, 2021 Snoop tagged Musk in the tweet, which features the Shiba Inu ‘Doge’ meme (Dogecoin’s avatar) photoshopped onto the cover of Snoop’s album R\&G (Rhythm and Gangsta): The Masterpiece. Twelve hours later, Musk responded with a picture of himself as Rafiki from the Lion King, holding Gene Simmons, who's holding up S... [News](https://decrypt.co/news) [Coins](https://decrypt.co/news/cryptocurrencies) 2 min read Tim Hakki Feb 7, 2021 Feb 7, 2021 Create an account to save your articles. The rapper photoshopped one of his album covers to include the Shiba Inu mascot, which was followed by Elon Musk photoshopping himself, Snoop and Gene onto an image from the Lion King. > So 
 it’s finally come to this 
 [pic.twitter.com/Gf0Rg2QOaF](https://t.co/Gf0Rg2QOaF) > > — Elon Musk (@elonmusk) [February 7, 2021](https://twitter.com/elonmusk/status/1358319935978496001?ref_src=twsrc%5Etfw) This flurry of activity has pushed Doge’s market cap into the top 10, as it recorded an 18% gain in the last 24 hours and an 73% surge in trading volume. ![Dogecoin](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2019/03/DOGE-alt-512.png@webp) DOGE \+1\.52%\$0.09211 *** 24H7D1M1YMAX Created with Highcharts 10.3.3 Apr 7 Apr 8 Apr 9 Apr 10 Apr 11 Apr 12 Apr 13 \$0.089 \$0.09 \$0.091 \$0.092 \$0.093 \$0.094 \$0.095 \$0.096 [Price data by](https://www.coingecko.com/en/coins/dogecoin?utm_source=decrypt-web&utm_medium=partnership&utm_campaign=coin_price_chart_widget) [DOGE price](https://decrypt.co/price/dogecoin) The project’s market cap is now hovering around \$10 billion, but if the past few weeks are anything to go by, [it’s unlikely to last.](https://decrypt.co/56282/markets-flip-as-xrp-dogecoin-price-collapse-after-weekend-surge) ## Futures Markets Surge as Congress Fast Tracks Biden Stimulus While the markets were closed for the weekend, Dow Jones, S\&P and Nasdaq futures all surged on the news that Joe Biden’s \$1.9 trillion stimulus package had passed the final hurdle in the House. It’s due to become legislation later this month, fuelling bullish market sentiment around the recovery of the US economy. Brought to you by [AAX]() [Learn More](https://www.dastan.co/partner) about partnering with Decrypt. ### Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more. ### Recommended News - ![Strategy founder Michael Saylor, with eyes on Bitcoin. Source: Michael Saylor/Decrypt](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/07/michael-saylor-bitcoin-lightning-x-twitter-gID_7.png@webp) ## [Strategy's Bitcoin Stockpile Nears BlackRock's ETF Holdings After \$1 Billion BTC Buy](https://decrypt.co/364114/strategy-bitcoin-stockpile-nears-blackrocks-etf-holdings-1-billion-buy) Strategy indicated on Monday that it spent \$1 billion on Bitcoin last week, adding to its stockpile using proceeds that came solely from its flagship preferred share. The Bitcoin-buying firm said in an announcement that it now owns nearly 781,000 Bitcoin, a 1.8% jump compared to the week prior. With Bitcoin recently changing hands around \$70,900, the company’s holdings were worth \$55.3 billion, according to CoinGecko. The Tysons Corner, Virginia-based firm’s latest purchase, totaling roughly 14,... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 4 min read AndrĂ© Beganski Apr 13, 2026 Apr 13, 2026 Create an account to save your articles. - ![Morgan Stanley. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2026/02/decrypt-style-morgan-stanley-gID_7.png@webp) ## ['Not Going to Stop at Bitcoin': Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push](https://decrypt.co/364030/not-going-stop-bitcoin-morgan-stanley-weighs-tokenization-tax-solutions) The debut of Morgan Stanley’s spot Bitcoin ETF marked a major milestone on Wednesday for the investment bank with \$9.3 trillion in client assets, but the financial powerhouse is already weighing what could be next when it comes to crypto. The firm filed applications in January for exchange-traded funds tracking Ethereum and Solana, but it’s doubtful that the company will stop there, Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, told Decrypt in an interview this week. “We’re n... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 3 min read AndrĂ© Beganski Apr 11, 2026 Apr 11, 2026 Create an account to save your articles. - ![Stablecoins are being increasingly used for payments. Image: Decrypt/Shutterstock](https://img.decrypt.co/insecure/rs:fit:3840:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2025/06/credit-card-decrypt-style-04-gID_7.png@webp) ## [Exodus Rolls Out 'Exodus Pay' to Turn Bitcoin Wallet Into Spending App](https://decrypt.co/363947/exodus-pay-bitcoin-wallet-spending-app) Exodus, the publicly traded crypto wallet provider, began rolling out a new “Exodus Pay” feature on Wednesday, aiming to turn its self-custodial storage app into a tool for everyday payments. The launch is currently limited to users in five states, including New York and California. The Omaha-based firm listed its stock on the New York Stock Exchange in 2024 and says the new feature expands the role of its wallet beyond storage into payments. The company positions the service as an alternative... [News](https://decrypt.co/news) [Business](https://decrypt.co/news/business) 2 min read Jason Nelson Apr 10, 2026 Apr 10, 2026 Create an account to save your articles. 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Tesla has invested \$1.5 billion into [Bitcoin](https://decrypt.co/resources/what-is-bitcoin-four-minute-instant-guide-explainer), according to an SEC filing today. "Thereafter, we invested an aggregate \$1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term," the filing [said](https://www.sec.gov/Archives/edgar/data/0001318605/000156459021004599/tsla-10k_20201231.htm). The filing added that Tesla expects to begin accepting Bitcoin as payment for its products, including its cars, in the near future. Bitcoin's price has shot up on the news, rising from \$39,000 to \$43,000 at press time—breaking a [new all-time high](https://decrypt.co/56959/bitcoin-breaks-all-time-high-as-tesla-invests-1-5-billion-in-btc). ## [Bitcoin Breaks All-Time High as Tesla Invests \$1.5 Billion in BTC](https://decrypt.co/56959/bitcoin-breaks-all-time-high-as-tesla-invests-1-5-billion-in-btc) The price of Bitcoin has spiked to a new all-time high today on the back of news that EV manufacturer Tesla has invested \$1.5 billion into Bitcoin. The cryptocurrency's current price is now \$44,790, up 8.5% in the last hour. Most of the growth came immediately after the news broke. Bitcoin rose from \$39,244 to hit a high of \$43,233 in just 20 minutes, according to CoinGecko. As a result, Bitcoin is now up 11.4% in the last week, 30% in the last month and 340% in the last year. The surging Bitco... Experts judged the move unsurprising, while conceding it was a major development for the cryptocurrency. "People have basically just been waiting for the moment that Elon Musk would announce one of his companies has allocated part of their treasury assets to Bitcoin," said Guy Hirsch, managing director for US at eToro. Hirsch also noted that news of Tesla's Bitcoin play emerged mere days after the recent [MicroStrategy WorldNow conference](https://decrypt.co/56498/microstrategy-avalanche-companies-bitcoin-crusade), aimed at enticing institutional investors into Bitcoin. At the event, MicroStrategy CEO Michael Saylor said he expected an "avalanche of companies" converting their balance sheets into Bitcoin. "It's further proof that the smart money is still buying Bitcoin even when many others were shedding BTC holdings as it continued to trade sideways," said Hirsch. "Musk and Tesla move markets in a way few others can, and this may be the point where we look back and realize Bitcoin went mainstream," he added. The filing says that Tesla updated its investment policy in January in order to diversify its cash on hand and maximize returns. Its policy says that it may invest its reserves into digital assets, gold, gold ETFs and other assets. It was with this new policy in mind that it invested heavily into Bitcoin. ## Michael Saylor extended offer to Elon Musk Tesla's Bitcoin purchase comes just over a month after MicroStrategy's Saylor [extended an invitation](https://decrypt.co/52092/bitcoin-pumps-as-michael-saylor-extends-offer-to-elon-musk) to Elon Musk, offering to show him his playbook for buying Bitcoin. "If you want to do your shareholders a \$100 billion favor, convert the \$TSLA balance sheet from USD to \#BTC. Other firms on the S\&P 500 would follow your lead & in time it would grow to become a \$1 trillion favor," Saylor said at the time. ## [Bitcoin Pumps as Michael Saylor Extends Offer to Elon Musk](https://decrypt.co/52092/bitcoin-pumps-as-michael-saylor-extends-offer-to-elon-musk) Listen here, Elon Musk: Michael Saylor, CEO of MicroStrategy, has some advice. Saylor has bought \$1.3 billion in Bitcoin in the past few months, he claims on Twitter, and he's willing to share his tips with you, the self-titled Lord Edge. MicroStrategy bought hundreds of millions in Bitcoin—\$500 million since August, and plans to buy another \$650 million more with investors' money. Since Saylor invested, Bitcoin has more than doubled in price; yesterday, it hit a new all-time high of \$24,000. M... Musk replied, asking, "Are such large transactions even possible?" It's likely he was referring to whether it's possible to buy such large amounts of Bitcoin, not in terms of sending large Bitcoin transactions. It wasn't long before Musk started tweeting a lot more about cryptocurrency. On January 29, he [changed his Twitter bio](https://decrypt.co/55943/elon-musks-twitter-bio-now-says-one-word-bitcoin) to just one word: \#Bitcoin. He later [confirmed on Clubhouse](https://decrypt.co/56167/elon-musk-now-supports-bitcoin-saying-it-is-a-good-thing) that he was now a "supporter of Bitcoin." "I am late to the party but a supporter," he told his audience. "Bitcoin is on the verge of getting broad acceptance by traditional finance people." Musk has also been tweeting about Dogecoin with some regularity, from memes to comments that it will be the future currency of earth. While the price of Dogecoin [pumped](https://decrypt.co/56544/dogecoin-price-shoots-up-on-elon-musks-to-the-moon-tweets) as a result of Musk's "joking" tweets, it seems like his heart—and Tesla's pocketbook—was focused on Bitcoin, after all. ***Do not miss any breaking news in the future, make sure to [follow us on Twitter](https://twitter.com/decryptmedia)***. ### Daily Debrief Newsletter Start every day with the top news stories right now, plus original features, a podcast, videos and more.
Shard27 (laksa)
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