If you invested $1K in Bitcoin when Tesla first bought it, you’d be this much in profit
The last Bitcoin (BTC) bull run, which culminated in an all-time high of almost $69,000 in 2021, was mainly driven by growing institutional interest in the crypto space. Notably, electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA) was among these entities after purchasing $1.5 billion worth of Bitcoin, a decision that saw the maiden crypto rise to the $44,000 mark. The February 8, 2021, announcement sent shockwaves in the financial world, signaling Bitcoin’s mainstream acceptance. At the time of the purchase, Bitcoin was valued at $38,886. Picks for you Analyst sets Bitcoin path between $48K and $67K; What is next for BTC? 42 mins ago Bitcoin’s 4-year pattern ‘suddenly’ presents month for next price top ...