This news has caused Bitcoin’s value to rise over 10%. At the time of writing, bitcoin’s price was over $42,000. In the filing, the company said that it may acquire and hold digital assets from time to time or long-term: The electric carmaker also added that it may accept Bitcoin as a form of payment in the future. Elon Musk has been a well-known backer of digital currency, and last year he asked about converting Tesla’s balance sheet to Bitcoins. Recently, Musk’s tweetstorm caused dogecoin, a cryptocurrency that started as a joke, to go over 7 cents.