His sentiments come when other Silicon big players like Tesla (NASDAQ: TSLA) disclosed a $1.5 billion investment in cryptocurrency and announced to accept bitcoin as a valid form of payment for its products. However, Khosrowshahi acknowledges that the cab-hailing firm has had a conversation on Bitcoin investment. Although he rules out the possibility of Bitcoin investment, Khosrowshahi confirmed there is room for the company to accept other cryptocurrencies as a payment form. He did not specify the crypto Uber would consider. Khosrowshahi notes that:
Bitcoin continues to attract attention
Bitcoin has been on a bull run initiated during 2020 Q4, with institutional investors massively contributing to the rally. Additionally, Paypal’s (NASDAQ: PYPL) move to allow crypto transactions also spurred the rally that has resulted in a new all-time high of $48,000. By press time, the asset was trading at $47,423, according to data provided by Finviz.com. Video: Uber CEO talks on mixed Q4 results, the path to profitability, growth opportunities
