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Bitcoin jumps after Elon Musk says Tesla will use when mining is cleaner

Bloomberg
Bloomberg6/14/2021 08:22 AM GMT+08  • 2 min read
Bitcoin jumps after Elon Musk says Tesla will use when mining is cleaner
Bitcoin jumped above US$39,000 after Elon Musk said Tesla would resume transactions when mining is done with more clean energy.
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Bitcoin jumped above US$39,000 ($51,720.24) after Elon Musk said Tesla would resume transactions with the cryptocurrency when mining is done with more clean energy.

The electric-car maker will allow Bitcoin transactions again “when there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Musk, Tesla’s chief executive officer, said in a tweet.

His post was in reply to a report in Cointelegraph, which cited Magda Wierzycka, executive chair of South African asset manager Sygnia, as saying Musk’s recent tweets on Bitcoin should have prompted an investigation by the US Securities and Exchange Commission.

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