Elon Musk has announced that when there is “confirmation of reasonable (~50%) clean energy usage by miners with positive future trend,” Tesla will start accepting bitcoin for payments again.
“This is inaccurate. Tesla only sold ~10% of holdings to confirm BTC could be liquidated easily without moving market. When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions.” he responded to a Cointelegraph tweet about recent accusations from Sygnia CEO Magda Wierzycka, who called on the SEC to investigate him for allegedly manipulating Bitcoin’s price.
Source:
https://azcoinnews.com/elon-musk-tesla-will-start-accepting-bitcoin-for-payments-again.htmlThis is the reason of current pump. Seems like he can still influence the market with his tweets. But this is a good news for Bitcoin future and hopefully other firms and companies will follow suit.