Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2021-02-11 06:30:57

Profits Of Bitcoin

In the first part of this article, I review the news that Elon Musk bought $1.5B of Bitcoin for Tesla.In the second part, I explore the idea that there are fundamentally two types of Bitcoin companies, and how this impacts the stock's performance.Lastly, I provide evidence that Tesla could enjoy the benefits of both types of Bitcoin companies.
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