New Delhi: The price of cryptocurrency Bitcoin has reached an all-time high. Tetla Inc. The rise in Bitcoin comes after a રોકાણ 1.5 billion investment. Bitcoin prices rose 15 percent after Tesla’s regulatory filing revealed that prices had crossed 44 44,000 for the first time.
Tesla also said it would start taking payments in the form of digital coins for its electric cars. Tesla has become the largest company to support this controversial cryptocurrency since the investment. Tesla is one of the most influential companies in the world and the support of billionaire Elon Musk for cryptocurrency is a big sign. Policymakers are criticizing cryptocurrency for money laundering and fraud.
More large companies may invest in the near future
“The richest man in the world has invested 1.5 1.5 billion in Bitcoin and Bitcoin will get an institutional boost,” said Antona Trachev, Nexo’s managing partner and co-founder in London. Tesla has now paved its way. ”He said he hopes that by the end of 2022, at least 10 percent of the S&P 500 companies will have invested in Bitcoin.
Investing in Bitcoin can boost the trend
Many other companies have also invested in Bitcoin. Microstructure Inc. It has spent 1.1 billion on it. Square Inc. It also announced an investment. This has been done by Jack Dorsey Head, a longtime advocate of cryptocurrency. In October, the company announced that it had converted nearly 50 50 million in assets into crypto in the second quarter of 2020. Professionals like Bill Miller of Miller Value Partners have said the trend will continue to grow in the coming years.