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A comment on Tesla spent $1.5B in clean car credits on Bitcoin. Parent comment

Re:Tesla spent $1.5B in clean car credits on Bitcoin by conception on Monday February 08, 2021 @06:04PM (#26071545)
You sell them to other companies for money and then spend that money?

You cannot, however, spend market cap.

[ Parent | on HN ]
Re:Tesla spent $1.5B in clean car credits on Bitcoin by blhack on Monday February 08, 2021 @07:14PM (#26072181)
Is there a cryptocurrency exchange that accepts clean car credits in exchange for bitcoin?
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Re:Tesla spent $1.5B in clean car credits on Bitcoin by zenexer on Monday February 08, 2021 @07:27PM (#26072307)
To reiterate what the parent said:

1. Sell to other companies for USD

2. Trade USD for cryptocurrency

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Re:Tesla spent $1.5B in clean car credits on Bitcoin by r3drock on Monday February 08, 2021 @08:07PM (#26072609)
In a way, you can even spend market cap, just issue new shares and raise money for the company. This way you can generate a lot of cash, especially if your market cap is inflated.
[ Parent | on HN ]