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Telsa buys $1.5 billion in bitcoin and accepts it as a valid payment method.
|Kurt Grela||Feb 9|
Where the ultra high net worth (>$30m) store their wealth: Real Estate: 27% Equities: 23% Bonds/Fixed Income: 17% Fiat: 11% Private Equity: 8% Collectibles: 5% Gold/Precious Metals 3% Cryptocurrencies: 1% 👈 That's a lot of ground to take over.
. tells us why Tesla's $1.5 billion investment in is just the beginning of a larger movement by corporate America:
Tesla bets big on , buying $1.5B worth of the . CEO on sharing his bitcoin playbook and how many companies could follow 's lead. $TSLA $MSTR
At least 6% of all Bitcoin, over $50 Billion, is already in corporate treasuries. The real number including unreported private companies, VCs, etc, is probably at least 2x that and growing!
Today is the largest candle in Bitcoin history. Low: $38,058 High: $46,929 $8,871 higher in a single 24hr period, marked on the chart for eternity with a giant green candle. It is beautiful.
Tesla says it has invested about $1.5 billion in Bitcoin and will accept the digital currency as payment for its electric vehicles. The digital currency jumped more than 14%, reaching an all-time high of more than $44,000 for one Bitcoin.
. just broke $1000 per share, outperforming BTC on this leg higher as well. SPY tailwinds, and deep liquidity as a NASDAQ traded proxy for BTC must be making a happy man today. This next part of the market will feel a lot more similar to 2017.
Almost 4-years ago this tweet received just 10 likes. :-) Seemed more than unlikely at the time. Yet still doubled that target. This is the 5th cycle break. It projects to $200k-$400k in this cycle. A little hope.
Bob Loukas @BobLoukas#Bitcoin $10,000? Explosion Twitter talk/coverage is bubble progression. But mkt cap ONLY $40B. #Peanuts $XBT $BTCUSD Consider chart. https://t.co/I5JOxGSkdC
$10,000? Explosion Twitter talk/coverage is bubble progression. But mkt cap ONLY $40B. $XBT $BTCUSD Consider chart.
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