Blockchain Bites: Will Bitcoin See ‘Reflexive’ Buys After Tesla?
Analysts say the market is pricing in the potential for other corporate BTC investments.
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Elon Musk’s multi-billion dollar company, Tesla, has announced a $1.5 billion bitcoin investment in a filing with the SEC. The post It’s Happening: Tesla Buys $1.5 Billion Of Bitcoin appeared first on Bitcoin Magazine.
Tesla plowed $1.5 billion into bitcoin, ETH futures went live on CME, Brian Brooks comments on dollar debasement.
This special edition of Blockchain Bites covers everything you need to know from invest: ethereum economy and the news from elsewhere in the cryptoverse.
Tesla and Microstrategy have a combined impairment loss of almost $1.5 billion —will they HODL on? As the bear market bites, holding crypto investments can be a tough pill to swallow. Consider two of the largest bag holders of publicly traded companies. They are down by almost $2 billion dollars on their Bitcoin buys. According to Bitcointreasuries.net, the 130,000 and 43,00 Bitcoin (BTC) held by Microstrategy and Tesla respectively are worth considerable sums less.The top "Hodlers" of Bitcoin according to Bitcointreasuries.netFor Microstrategy, Michael Saylor splashed out almost $4....
The Tesla CEO said crypto users should avoid wallets that do not give them access to their private keys