According to Tesla’s latest annual report (on Form 10-K), which has been filed with the U.S. Securities and Exchange Commission (SEC), the electric car maker has already invested $1.5 billion in Bitcoin.
Miami Mayor Francis Suarez has revealed he is working on a resolution to add bitcoin to the city’s balance sheet, and pointed out that Tesla’s announcement on buying bitcoin was “very helpful.”
The Chicago Mercantile Exchange (CME) has launched Ethereum futures contracts on its platform, making it easier for institutional investors to gain exposure to the second-largest cryptocurrency by market capitalization.
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Top stories in the Crypto Roundup today:
- ‘It Was Inevitable’: Tesla Invests $1.5 Billion of Bitcoin
- Miami Mayor Working on Resolution to Add BTC to City’s Balance Sheet
- CME's Ethereum Futures Contracts Launched
- Sponsored: Crypto.com Exchange is listing FIL at 50% OFF