Up to 5% of public companies will follow Tesla's Bitcoin buy, says Wedbush an...

Up to 5% of public companies will follow Tesla's Bitcoin buy, says Wedbush an...

Dan Ives, Wedbush Securities’ managing director, says companies are going to start FOMOing into Bitcoin very soon. Tesla’s strategic embrace of Bitcoin (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities. In a Monday interview with CNBC, Ives said Tesla’s exposure to Bitcoin is “not just a fad,” but part of a long-term strategy that’s driven by an investment thesis and business thesis. “I think Tesla is going to double down on its Bitcoin investment,” he said. "No doubt this is something @elonmusk and @Tesla they're....


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Analysts Expect Flood of Companies to Follow Tesla and Hold Bitcoin —Twitter ...

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