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Tesla CEO Elon Musk has been a big proponent of Bitcoin, and has even called it a “new kind of currency”. The Tesla CEO has also been a big supporter of Bitcoin’s blockchain technology, and even called it a “new kind of currency”.
This week, Tesla has purchased another 7,600 BTC, worth about $6 million USD.
The purchase was made through a company called “Tesla Motors Ventures”, which is a subsidiary of Tesla Motors.
It is not clear why Tesla Motors Ventures has purchased the BTC, but it is possible that the purchase was made to buy back the BTC, which was purchased by Tesla Motors.
This is not the first time that Tesla has purchased BTC, but it is the first time that it has been made public.
What is Tesla Motors Ventures?
Tesla Motors Ventures is a wholly owned subsidiary of Tesla Motors. It was created in 2014 to invest in startups that are developing new technologies for the automotive
This post was originally published on Smell The Musk
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