🕷️ Crawler Inspector

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Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 148 (from laksa070)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa148.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.investopedia.com/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.investopedia.com/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.investopedia.com\/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078","crawl_time":1776423680,"first_indexed_time":1612813643,"http_code":200,"src_unparsed":"com,investopedia!www,\/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078 s443","src_root_hash":"7273739457760125548","history_drop_reason":null,"meta_title":"Tesla (TSLA) Discloses $1.5B Investment in Bitcoin","meta_descriptions":["Tesla (TSLA) has become the first S&P 500 company to invest in Bitcoin to diversify and maximize returns on its cash holdings."],"attrs_boilerpipe_text":"Bitcoin\n(\nBTCUSD\n) may have received its biggest backer yet. Electric car maker Tesla, Inc. (\nTSLA\n) has invested $1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin \"subject to applicable laws and initially on a limited basis,\" according to its filing with the\nSecurities and Exchange Commission\n(SEC). The company stated that the purchase was made after a change in investment policy last month that allowed \"more flexibility to further diversify and maximize returns\" on cash not required for operations. The Palo Alto, California-based outfit had $19.38 billion in\ncash and cash equivalents\non its books at the end of 2020.\nTesla is the first S&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the\ncryptocurrency's\nvolatility for returns. Payments company Square, Inc. (\nSQ\n) bought 4,709 Bitcoins at an aggregate purchase price of $50 million, amounting to 1% of the total assets on its\nbalance sheet\n, last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put $1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances.\nKey Takeaways\nElectric car maker Tesla has purchased $1.5 billion worth of Bitcoin to \"diversify and maximize returns\" on cash not reserved for operations.\nIt is the first S&P 500 company to invest in the cryptocurrency.\nWhile the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future.\nFueled by interest from corporate and\nretail investors\nsearching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched $44,000. As of this writing, Bitcoin was changing hands at $43,578, up 13.40% from a day earlier.\nThe volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the $52.1 billion of total assets on its balance sheet at the end of 2020. In its\n10-K filing\n, the company has also stated that it \"may or may not\" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day.\nA CEO Bullish on Bitcoin\nWhile Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about \"large transactions\" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to #bitcoin.\nDuring an interview on recently launched social media app Clubhouse last month, Musk said that he was \"late to the [Bitcoin] party.\" The CEO continued, \"I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin,\" adding that the cryptocurrency was \"on the verge of getting broad acceptance by conventional finance people.\"\nMusk's tweets are also responsible for driving up prices of\nDogecoin\n(\nDOGEUSD\n), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a \"strong opinion\" on other virtual currencies.\nDo you have a news tip for Investopedia reporters? Please email us at\n[email protected]","attrs_markdown":"\n\n[Skip to content](https:\/\/www.investopedia.com\/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078#main)\n\n[Investopedia](https:\/\/www.investopedia.com\/)\n\n[Live](https:\/\/www.investopedia.com\/stock-market-today-dow-jones-s-and-p-500-04172026-11952159)\n\n- Please fill out this field.\n- [Newsletters](https:\/\/www.investopedia.com\/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078)\n\nPlease fill out this field.\n\n- [News](https:\/\/www.investopedia.com\/news-4427706)\n  News\n  \n  - [Markets](https:\/\/www.investopedia.com\/markets-news-4427704)\n  - [Companies](https:\/\/www.investopedia.com\/company-news-4427705)\n  - [Earnings](https:\/\/www.investopedia.com\/earnings-reports-5218419)\n  - [CD Rates](https:\/\/www.investopedia.com\/certificates-deposit-news-7111770)\n  - [Mortgage Rates](https:\/\/www.investopedia.com\/mortgage-rates-5184598)\n  - [Economy](https:\/\/www.investopedia.com\/economic-news-5218422)\n  - 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[Best Life Insurance](https:\/\/www.investopedia.com\/the-best-life-insurance-companies-8763666)\n  - [Best Mortgage Rates](https:\/\/www.investopedia.com\/mortgage-rates-5094943)\n  - [Best Robo-Advisors](https:\/\/www.investopedia.com\/the-best-robo-advisors-8764849)\n  - [Best Personal Loans](https:\/\/www.investopedia.com\/the-best-personal-loans-8761582)\n  - [Best Debt Relief Companies](https:\/\/www.investopedia.com\/the-best-debt-relief-companies-8763179)\n  - [View All](https:\/\/www.investopedia.com\/financial-product-reviews-7110783)\n\n- Top Stories\n- [S\\&P 500, Nasdaq Hit New Highs](https:\/\/www.investopedia.com\/stock-market-today-dow-jones-s-and-p-500-04162026-11951125)\n- [Tech Stocks Are Surging. Can the AI Trade Keep Rolling?](https:\/\/www.investopedia.com\/tech-stocks-are-surging-the-nasdaq-is-at-highs-can-the-ai-trade-keep-rolling-11951633)\n- [How to Invest in Space](https:\/\/www.investopedia.com\/the-spacex-ipo-is-landing-later-this-year-how-to-invest-in-space-today-11948930)\n- [Why the Fed Could Still Cut Rates This Year](https:\/\/www.investopedia.com\/here-are-the-reasons-why-fed-rate-cuts-are-still-possible-11951320)\n\n# Tesla (TSLA) Discloses \\$1.5B Investment in Bitcoin\nBy\n\n[Rakesh Sharma](https:\/\/www.investopedia.com\/contributors\/53840\/)\n\n![]()\n\n![](https:\/\/www.investopedia.com\/thmb\/dSABoKt2b_QfRKwCpCkZN0nrV2Y=\/200x200\/filters:no_upscale\$\$:max_bytes\$150000\$:strip_icc\$\$\/profilepic__rakesh_sharma-5bfc262dc9e77c00517eda0b.jpg)\n\n[Full Bio](https:\/\/www.investopedia.com\/contributors\/53840\/)\n\nRakesh Sharma is a writer with 8+ years of experience about the intersection between technology and business. Rakesh is an expert in investing, business, blockchain, and cryptocurrencies.\n\nLearn about our  [editorial policies](https:\/\/www.investopedia.com\/legal-4768893#editorial-policy)\n\nPublished February 08, 2021\n\n02:18 PM EST\n\nClose\n\n[Bitcoin](https:\/\/www.investopedia.com\/terms\/b\/bitcoin.asp) ([BTCUSD](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=btcusd)) may have received its biggest backer yet. Electric car maker Tesla, Inc. ([TSLA](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=tsla)) has invested \\$1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin \"subject to applicable laws and initially on a limited basis,\" according to its filing with the [Securities and Exchange Commission](https:\/\/www.investopedia.com\/terms\/s\/sec.asp) (SEC). The company stated that the purchase was made after a change in investment policy last month that allowed \"more flexibility to further diversify and maximize returns\" on cash not required for operations. The Palo Alto, California-based outfit had \\$19.38 billion in [cash and cash equivalents](https:\/\/www.investopedia.com\/terms\/c\/cashandcashequivalents.asp) on its books at the end of 2020.\n\nTesla is the first S\\&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the [cryptocurrency's](https:\/\/www.investopedia.com\/terms\/c\/cryptocurrency.asp) volatility for returns. Payments company Square, Inc. ([SQ](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=sq)) bought 4,709 Bitcoins at an aggregate purchase price of \\$50 million, amounting to 1% of the total assets on its [balance sheet](https:\/\/www.investopedia.com\/terms\/b\/balancesheet.asp), last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put \\$1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances.\n\n### Key Takeaways\n- Electric car maker Tesla has purchased \\$1.5 billion worth of Bitcoin to \"diversify and maximize returns\" on cash not reserved for operations.\n- It is the first S\\&P 500 company to invest in the cryptocurrency.\n- While the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future.\n\nFueled by interest from corporate and [retail investors](https:\/\/www.investopedia.com\/terms\/r\/retailinvestor.asp) searching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched \\$44,000. As of this writing, Bitcoin was changing hands at \\$43,578, up 13.40% from a day earlier.\n\nThe volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the \\$52.1 billion of total assets on its balance sheet at the end of 2020. In its [10-K filing](https:\/\/www.investopedia.com\/terms\/1\/10-k.asp), the company has also stated that it \"may or may not\" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day.\n\n## A CEO Bullish on Bitcoin\nWhile Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about \"large transactions\" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to \\#bitcoin.\n\nDuring an interview on recently launched social media app Clubhouse last month, Musk said that he was \"late to the \\[Bitcoin\\] party.\" The CEO continued, \"I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin,\" adding that the cryptocurrency was \"on the verge of getting broad acceptance by conventional finance people.\"\n\nMusk's tweets are also responsible for driving up prices of [Dogecoin](https:\/\/www.investopedia.com\/terms\/d\/dogecoin.asp) ([DOGEUSD](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=dogeusd)), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a \"strong opinion\" on other virtual currencies.\n\nDo you have a news tip for Investopedia reporters? Please email us at\n\n[\\[email protected\\]](https:\/\/www.investopedia.com\/cdn-cgi\/l\/email-protection#a3d7cad3d0e3cacdd5c6d0d7ccd3c6c7cac28dc0ccce)\n\nCompare Accounts\n\nAdvertiser Disclosure\n\n×\n\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.\n\nRead more\n\n- [News](https:\/\/www.investopedia.com\/news-4427706)\n- [Cryptocurrency News](https:\/\/www.investopedia.com\/cryptocurrency-news-5114163)\n\nPartner Links\n\nTake the Next Step to Invest\n\nAdvertiser Disclosure\n\n×\n\nThe offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.\n\n## Related Articles\n[![An illustration of a golden physical bitcoin sitting on a screen of market data. ]() ![An illustration of a golden physical bitcoin sitting on a screen of market data. ](https:\/\/www.investopedia.com\/thmb\/5jDM9xtHYXFSD0D6Luut-zv03Xk=\/282x188\/filters:no_upscale\$\$:max_bytes\$150000\$:strip_icc\$\$\/GettyImages-1368998806-27e5811f0f66429cb07350933e1c9009.jpg) Why Some Experts Say Bitcoin Is Starting to 'Show Signs' of a Recovery](https:\/\/www.investopedia.com\/why-some-experts-say-bitcoin-is-starting-to-show-signs-of-a-recovery-11949429)\n\n[![A golden bitcoin cryptocurrency coin on a light blue background symbolizing digital currency]() ![A golden bitcoin cryptocurrency coin on a light blue background symbolizing digital currency](https:\/\/www.investopedia.com\/thmb\/okkL4Ftgcnum1GhHZhRDb6mgUsM=\/282x188\/filters:no_upscale\$\$:max_bytes\$150000\$:strip_icc\$\$\/GettyImages-1336750482-41c782850ec04ccaaa4d32df6792df22.jpg) Has Satoshi Nakamoto Finally Been Unmasked? 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Electric car maker Tesla, Inc. ([TSLA](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=tsla)) has invested \\$1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin \"subject to applicable laws and initially on a limited basis,\" according to its filing with the [Securities and Exchange Commission](https:\/\/www.investopedia.com\/terms\/s\/sec.asp) (SEC). The company stated that the purchase was made after a change in investment policy last month that allowed \"more flexibility to further diversify and maximize returns\" on cash not required for operations. The Palo Alto, California-based outfit had \\$19.38 billion in [cash and cash equivalents](https:\/\/www.investopedia.com\/terms\/c\/cashandcashequivalents.asp) on its books at the end of 2020.\n\nTesla is the first S\\&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the [cryptocurrency's](https:\/\/www.investopedia.com\/terms\/c\/cryptocurrency.asp) volatility for returns. Payments company Square, Inc. ([SQ](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=sq)) bought 4,709 Bitcoins at an aggregate purchase price of \\$50 million, amounting to 1% of the total assets on its [balance sheet](https:\/\/www.investopedia.com\/terms\/b\/balancesheet.asp), last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put \\$1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances.\n\n### Key Takeaways\n- Electric car maker Tesla has purchased \\$1.5 billion worth of Bitcoin to \"diversify and maximize returns\" on cash not reserved for operations.\n- It is the first S\\&P 500 company to invest in the cryptocurrency.\n- While the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future.\n\nFueled by interest from corporate and [retail investors](https:\/\/www.investopedia.com\/terms\/r\/retailinvestor.asp) searching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched \\$44,000. As of this writing, Bitcoin was changing hands at \\$43,578, up 13.40% from a day earlier.\n\nThe volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the \\$52.1 billion of total assets on its balance sheet at the end of 2020. In its [10-K filing](https:\/\/www.investopedia.com\/terms\/1\/10-k.asp), the company has also stated that it \"may or may not\" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day.\n\n## A CEO Bullish on Bitcoin\nWhile Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about \"large transactions\" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to \\#bitcoin.\n\nDuring an interview on recently launched social media app Clubhouse last month, Musk said that he was \"late to the \\[Bitcoin\\] party.\" The CEO continued, \"I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin,\" adding that the cryptocurrency was \"on the verge of getting broad acceptance by conventional finance people.\"\n\nMusk's tweets are also responsible for driving up prices of [Dogecoin](https:\/\/www.investopedia.com\/terms\/d\/dogecoin.asp) ([DOGEUSD](https:\/\/www.investopedia.com\/markets\/quote?tvwidgetsymbol=dogeusd)), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a \"strong opinion\" on other virtual currencies.\n\nDo you have a news tip for Investopedia reporters? Please email us at\n\n[\\[email protected\\]](https:\/\/www.investopedia.com\/cdn-cgi\/l\/email-protection#a3d7cad3d0e3cacdd5c6d0d7ccd3c6c7cac28dc0ccce)","meta_canonical":null}

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URL	https://www.investopedia.com/tesla-tsla-discloses-usd1-5b-investment-in-bitcoin-5105078
Last Crawled	2026-04-17 11:01:20 (8 hours ago)
First Indexed	2021-02-08 19:47:23 (5 years ago)
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Meta Title	Tesla (TSLA) Discloses $1.5B Investment in Bitcoin
Meta Description	Tesla (TSLA) has become the first S&P 500 company to invest in Bitcoin to diversify and maximize returns on its cash holdings.
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Boilerpipe Text	Bitcoin ( BTCUSD ) may have received its biggest backer yet. Electric car maker Tesla, Inc. ( TSLA ) has invested $1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin "subject to applicable laws and initially on a limited basis," according to its filing with the Securities and Exchange Commission (SEC). The company stated that the purchase was made after a change in investment policy last month that allowed "more flexibility to further diversify and maximize returns" on cash not required for operations. The Palo Alto, California-based outfit had $19.38 billion in cash and cash equivalents on its books at the end of 2020. Tesla is the first S&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the cryptocurrency's volatility for returns. Payments company Square, Inc. ( SQ ) bought 4,709 Bitcoins at an aggregate purchase price of $50 million, amounting to 1% of the total assets on its balance sheet , last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put $1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances. Key Takeaways Electric car maker Tesla has purchased $1.5 billion worth of Bitcoin to "diversify and maximize returns" on cash not reserved for operations. It is the first S&P 500 company to invest in the cryptocurrency. While the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future. Fueled by interest from corporate and retail investors searching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched $44,000. As of this writing, Bitcoin was changing hands at $43,578, up 13.40% from a day earlier. The volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the $52.1 billion of total assets on its balance sheet at the end of 2020. In its 10-K filing , the company has also stated that it "may or may not" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day. A CEO Bullish on Bitcoin While Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about "large transactions" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to #bitcoin. During an interview on recently launched social media app Clubhouse last month, Musk said that he was "late to the [Bitcoin] party." The CEO continued, "I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin," adding that the cryptocurrency was "on the verge of getting broad acceptance by conventional finance people." Musk's tweets are also responsible for driving up prices of Dogecoin ( DOGEUSD ), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a "strong opinion" on other virtual currencies. Do you have a news tip for Investopedia reporters? Please email us at [email protected]
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Can the AI Trade Keep Rolling?](https://www.investopedia.com/tech-stocks-are-surging-the-nasdaq-is-at-highs-can-the-ai-trade-keep-rolling-11951633) - [How to Invest in Space](https://www.investopedia.com/the-spacex-ipo-is-landing-later-this-year-how-to-invest-in-space-today-11948930) - [Why the Fed Could Still Cut Rates This Year](https://www.investopedia.com/here-are-the-reasons-why-fed-rate-cuts-are-still-possible-11951320) # Tesla (TSLA) Discloses \$1.5B Investment in Bitcoin By [Rakesh Sharma](https://www.investopedia.com/contributors/53840/) ![]() ![](https://www.investopedia.com/thmb/dSABoKt2b_QfRKwCpCkZN0nrV2Y=/200x200/filters:no_upscale:max_bytes$150000$:strip_icc/profilepic__rakesh_sharma-5bfc262dc9e77c00517eda0b.jpg) [Full Bio](https://www.investopedia.com/contributors/53840/) Rakesh Sharma is a writer with 8+ years of experience about the intersection between technology and business. Rakesh is an expert in investing, business, blockchain, and cryptocurrencies. Learn about our [editorial policies](https://www.investopedia.com/legal-4768893#editorial-policy) Published February 08, 2021 02:18 PM EST Close [Bitcoin](https://www.investopedia.com/terms/b/bitcoin.asp) ([BTCUSD](https://www.investopedia.com/markets/quote?tvwidgetsymbol=btcusd)) may have received its biggest backer yet. Electric car maker Tesla, Inc. ([TSLA](https://www.investopedia.com/markets/quote?tvwidgetsymbol=tsla)) has invested \$1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin "subject to applicable laws and initially on a limited basis," according to its filing with the [Securities and Exchange Commission](https://www.investopedia.com/terms/s/sec.asp) (SEC). The company stated that the purchase was made after a change in investment policy last month that allowed "more flexibility to further diversify and maximize returns" on cash not required for operations. The Palo Alto, California-based outfit had \$19.38 billion in [cash and cash equivalents](https://www.investopedia.com/terms/c/cashandcashequivalents.asp) on its books at the end of 2020. Tesla is the first S\&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the [cryptocurrency's](https://www.investopedia.com/terms/c/cryptocurrency.asp) volatility for returns. Payments company Square, Inc. ([SQ](https://www.investopedia.com/markets/quote?tvwidgetsymbol=sq)) bought 4,709 Bitcoins at an aggregate purchase price of \$50 million, amounting to 1% of the total assets on its [balance sheet](https://www.investopedia.com/terms/b/balancesheet.asp), last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put \$1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances. ### Key Takeaways - Electric car maker Tesla has purchased \$1.5 billion worth of Bitcoin to "diversify and maximize returns" on cash not reserved for operations. - It is the first S\&P 500 company to invest in the cryptocurrency. - While the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future. Fueled by interest from corporate and [retail investors](https://www.investopedia.com/terms/r/retailinvestor.asp) searching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched \$44,000. As of this writing, Bitcoin was changing hands at \$43,578, up 13.40% from a day earlier. The volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the \$52.1 billion of total assets on its balance sheet at the end of 2020. In its [10-K filing](https://www.investopedia.com/terms/1/10-k.asp), the company has also stated that it "may or may not" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day. ## A CEO Bullish on Bitcoin While Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about "large transactions" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to \#bitcoin. During an interview on recently launched social media app Clubhouse last month, Musk said that he was "late to the \[Bitcoin\] party." The CEO continued, "I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin," adding that the cryptocurrency was "on the verge of getting broad acceptance by conventional finance people." Musk's tweets are also responsible for driving up prices of [Dogecoin](https://www.investopedia.com/terms/d/dogecoin.asp) ([DOGEUSD](https://www.investopedia.com/markets/quote?tvwidgetsymbol=dogeusd)), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a "strong opinion" on other virtual currencies. Do you have a news tip for Investopedia reporters? Please email us at [\[email protected\]](https://www.investopedia.com/cdn-cgi/l/email-protection#a3d7cad3d0e3cacdd5c6d0d7ccd3c6c7cac28dc0ccce) Compare Accounts Advertiser Disclosure × The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. 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Readable Markdown	[Bitcoin](https://www.investopedia.com/terms/b/bitcoin.asp) ([BTCUSD](https://www.investopedia.com/markets/quote?tvwidgetsymbol=btcusd)) may have received its biggest backer yet. Electric car maker Tesla, Inc. ([TSLA](https://www.investopedia.com/markets/quote?tvwidgetsymbol=tsla)) has invested \$1.5 billion in Bitcoin and will soon begin accepting payments for its cars in Bitcoin "subject to applicable laws and initially on a limited basis," according to its filing with the [Securities and Exchange Commission](https://www.investopedia.com/terms/s/sec.asp) (SEC). The company stated that the purchase was made after a change in investment policy last month that allowed "more flexibility to further diversify and maximize returns" on cash not required for operations. The Palo Alto, California-based outfit had \$19.38 billion in [cash and cash equivalents](https://www.investopedia.com/terms/c/cashandcashequivalents.asp) on its books at the end of 2020. Tesla is the first S\&P 500 company to invest in Bitcoin and joins a growing list of corporates leveraging the [cryptocurrency's](https://www.investopedia.com/terms/c/cryptocurrency.asp) volatility for returns. Payments company Square, Inc. ([SQ](https://www.investopedia.com/markets/quote?tvwidgetsymbol=sq)) bought 4,709 Bitcoins at an aggregate purchase price of \$50 million, amounting to 1% of the total assets on its [balance sheet](https://www.investopedia.com/terms/b/balancesheet.asp), last October. Business intelligence platform MicroStrategy Incorporated (MSTR) put \$1.3 billion of its cash holdings into Bitcoin last year as part of a change in its treasury management policy. The move, which some commentators criticized, helped pump MicroStrategy's stock price to new highs despite no material changes to its business circumstances. ### Key Takeaways - Electric car maker Tesla has purchased \$1.5 billion worth of Bitcoin to "diversify and maximize returns" on cash not reserved for operations. - It is the first S\&P 500 company to invest in the cryptocurrency. - While the total investment amount may be a rounding error on Tesla's balance sheet, Tesla CEO Elon Musk's bullish stance on Bitcoin means that the figure could grow in the future. Fueled by interest from corporate and [retail investors](https://www.investopedia.com/terms/r/retailinvestor.asp) searching for returns during a time of macroeconomic stability, Bitcoin price set new records and jumped by more than 160% in 2020. Tesla's announcement this morning propelled the cryptocurrency to a new record, and it almost touched \$44,000. As of this writing, Bitcoin was changing hands at \$43,578, up 13.40% from a day earlier. The volatility of cryptocurrency markets works both ways, however. Even as Bitcoin price swings generate profitable returns in a short period of time, they can also crash valuations quickly. To that extent, Tesla's investment can be construed as a safe play since it represents less than 1% of the \$52.1 billion of total assets on its balance sheet at the end of 2020. In its [10-K filing](https://www.investopedia.com/terms/1/10-k.asp), the company has also stated that it "may or may not" liquidate Bitcoin received as payment, meaning that it may be building up a Bitcoin liquidity stash for a rainy day. ## A CEO Bullish on Bitcoin While Tesla's investment in Bitcoin may be a rounding error on its balance sheet, the company's CEO is bullish on the cryptocurrency's future. Tesla CEO Elon Musk, the world's richest person, has frequently tweeted about Bitcoin and cryptocurrency markets in the past couple of years. For example, his Twitter query to MicroStrategy CEO Michael Saylor last December about "large transactions" involving balance sheet conversion to Bitcoin spiked the crypto's prices. Earlier this year, Musk also changed his Twitter bio to \#bitcoin. During an interview on recently launched social media app Clubhouse last month, Musk said that he was "late to the \[Bitcoin\] party." The CEO continued, "I do at this point think Bitcoin is a good thing, and I am a supporter of Bitcoin," adding that the cryptocurrency was "on the verge of getting broad acceptance by conventional finance people." Musk's tweets are also responsible for driving up prices of [Dogecoin](https://www.investopedia.com/terms/d/dogecoin.asp) ([DOGEUSD](https://www.investopedia.com/markets/quote?tvwidgetsymbol=dogeusd)), a joke cryptocurrency designed as a tribute to Bitcoin, this month. In his Clubhouse interview, Musk clarified that he did not have a "strong opinion" on other virtual currencies. Do you have a news tip for Investopedia reporters? Please email us at [\[email protected\]](https://www.investopedia.com/cdn-cgi/l/email-protection#a3d7cad3d0e3cacdd5c6d0d7ccd3c6c7cac28dc0ccce)
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