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Bitcoin jumps after Elon Musk says Tesla may use crypto in future

Bitcoin jumps after Elon Musk says Tesla may use the crypto in future

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. This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market.