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The Crypto World Reacts to Tesla’s $1.5B Bitcoin Purchase

Bitcoin

The Crypto World Reacts to Tesla’s $1.5B Bitcoin Purchase

In an SEC filing, Tesla disclosed an asset purchase of $1.5B of Bitcoin for their balance sheet. Recently, Tesla CEO Elon Musk has been creating memes about another cryptocurrency, Dogecoin, and recently posted:

This quote could very well have been related to the decision to convert Tesla funds to Bitcoin. Others with eyes on the industry rejoiced at the announcement:

Microstrategy CEO and corporate Bitcoin purchaser Michael Saylor:

Miami Mayor Francis Suarez:

Gemini Founders Tyler & Cameron Winklevoss:

Ikigai Asset Management Chief Investment Officer Travis Kling:

Congrats were in order from Binance CEO CZ:

And the Bitcoin Twitter with a memorialization:

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