Tesla announced an investment of $1.5 billion in bitcoin. 

In the near future, the EV automaker will accept the cryptocurrency as payment. 
Bitcoin’s value soared more than 10% after the announcement.  

Tesla’ CEO, Elon Musk, have been encouraging digital currencies. He even briefly adopted a #bitcoin on his twitter profile. 

Tesla’s move could make Bitcoin a more mainstream currency especially if other companies follow the idea. 

But some analysts are more cautious claiming that is just a stunt to bring attention to Tesla.

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