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You are here: Home / Cryptocurrency News / Altcoin News / Tesla’s Hidden Gems – Bitcoin & Dogecoin In The Payment Page Source Code

Tesla’s Hidden Gems – Bitcoin & Dogecoin In The Payment Page Source Code

By Mishal Ali | Edited By Sahana Kiran,July 21, 2023, 5:10 PM

bitcoin

In a whirlwind of speculation, the Tesla community was busy with rumors suggesting that the electric vehicle giant, Tesla, had added Bitcoin and Dogecoin to its payment page source code. However, an exclusive investigation reveals an astonishing twist: these cryptocurrencies have been hiding in plain sight since January 2023.

Expert researchers diligently delved into the digital labyrinth of Tesla’s website to validate these astonishing claims. To everyone’s surprise, the evidence unveiled that both Bitcoin and Dogecoin had, indeed, been lurking within the payment source code for quite some time.

It appears that Tesla’s coding team had integrated support for these cryptocurrencies earlier in the year. Curiously, this code was never removed even when Tesla temporarily halted the option to pay with Bitcoin, raising questions about the company’s future intentions.

The revelation has sparked heated debates among the crypto community and Tesla enthusiasts. Some are speculating that Tesla might reintroduce the option to pay with cryptocurrencies, given the rising interest and adoption of digital assets in recent times. Could this be a strategic move by Tesla to capitalize on the crypto boom once again?

Tesla’s CEO, Elon Musk renowned for his cryptic tweets and fascination with Dogecoin. As always, the enigmatic billionaire keeps the world guessing about his next move, leaving us to wonder if he has any surprises in store for the crypto world.

Tesla’s Q2 2023 Financial Report Shows No Bitcoin Transactions

Meanwhile­, in Tesla’s latest financial report, it was re­vealed that the company re­frained from engaging in any Bitcoin transactions during the se­cond quarter of 2023. The comprehe­nsive report covers the­ three-month period e­nding in June and further disclosed that Te­sla maintained a steady value of $184 million worth of digital asse­ts throughout the entire quarte­r.

Despite­ the recent surge­ in Bitcoin and other digital assets’ value, Te­sla’s holdings remained unaffecte­d by any increase in valuation during Q2 2023. This can be attribute­d to the current accounting standards that restrict the­ recognition of gains on digital assets, eve­n when their market price­s witness a significant rise.

Filed Under: Altcoin News, Bitcoin (BTC)

About Mishal Ali

Mishal Ali is a Policy and Regulations Reporter at Tron Weekly with over four years of experience covering the global crypto and blockchain space. Her reporting focuses on crypto regulations and policy, alongside Bitcoin, Ethereum, altcoins, DeFi, NFTs, Web3, Layer 2 solutions, and AI-driven crypto use cases. She also tracks Ripple-related developments, enforcement actions, licensing updates, and crypto scams and fraud trends, helping readers understand regulatory and compliance risks.

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