Here are the few key points about the news:

• Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin.
• The company also said it would start accepting bitcoin as a payment method for its products.
• CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages on Twitter.

Two weeks ago, Elon Musk added the hashtag #bitcoin to his Twitter bio, in a move that helped to briefly push up the price of the cryptocurrency by as much as 20%. Two days later, he said on the social medial chat site Clubhouse: “I do at this point think bitcoin is a good thing, and I am a supporter of bitcoin.” Bitcoin prices surged to new highs Monday following Tesla’s announcement, reaching a price of at least $44,200. Tesla shares were up more than 2.5% in premarket trading. Tesla warned investors of the volatility of bitcoin’s price in its SEC filing.

Where do you guys think Elon store/trade his Bitcoin? Does he have a plan on supporting other coin/token or a cryptocurrency exchange aside from Bitcoin & Dogecoin?