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Bitcoin bounces as Musk says Tesla likely to start reaccepting payments

Bitcoin bounces as Musk says Tesla likely to start reaccepting payments

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Bitcoin prices got another boost on Thursday morning after Tesla Inc (NASDAQ:TSLA) boss Elon Musk said the electric car maker will likely start reaccepting payments using the digital currency. Speaking at the B Word conference on Wednesday, Musk said Tesla is currently conducting due diligence into the amount of renewable energy currently being used to mine Bitcoin after previously saying in May that the firm would stop accepting the crypto as a payment method amid concerns over its impact on the environment.

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