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Elon Musk has been very vocal on Twitter about his interest in Bitcoin.
Today, we found out that Tesla has invested $1.5B into the crypto!
What you may not hear in the mainstream news is what he was investing into in 2020… | | |
A tech that will revolutionize the online world (even more than the advent of the internet).
It's not only him that is a big investor… Jeff Bezos and Google have invested too! Let me show you how this new tech could make early investors rich. | | |
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James West, CEO Midas Letter.
James West is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. | | |
| | |  | Tesla Inc (NASDAQ: TSLA) announced that it bought $1.5 billion worth of Bitcoin (BTC). The company not only invested but would also start accepting payment for its products using the cryptocurrency.
The Bitcoin price jumped as much as 15%, with prices exceeding US$44,000 for the first time.
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The Tesla CEO has had a huge impact on raising the prices of cryptocurrencies, including bitcoin, through his influence on Twitter. (Even changing his display picture to an image of BTC) But a key thing to keep in mind is that Elon Musk has a large position in the crypto…
Does this news set the scene for institutional acceptance of Bitcoin and give corporations the green light to hold cash in bitcoin? Should you follow Elon Musk into the crypto space? Where is the BTC price going from here?
All of those questions will be answered and more if you watch the full Monday roundtable video here. | | |
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