Phoenix Motor's (PEV) EdisonFuture Plans to Accept Payment in Bitcoin
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Phoenix’s EdisonFuture Plans to Accept Payment in Bitcoin
January 3, 2024 7:01 AM ESTANAHEIM, CA / ACCESSWIRE / January 3, 2024 / Phoenix Motor Inc. (NASDAQ: PEV) ("Company" or "Phoenix"), a leading electrification solutions provider for medium-duty vehicles, today announced that its EdisonFuture subsidiary plans to accept Bitcoin as a payment option for its customers to pay for EdisonFuture brand electric pick-up trucks and delivery vans, once those products become available in the market.
The company conducted market research and discovered that there was a growing interest around bitcoin which was accelerated by the coronavirus pandemic and complex geopolitics. This informed our decision to allow customers... More
