We woke up to some great Bitcoin news this morning. The Bitcoin Price just hit a new all time high after hearing that Elon Musk and Tesla bought 1.5 Billion of BTC. This is the best Bitcoin news we have heard in a while. Are we on the verge of mainstream crypto adoption?
Tesla is a publicly-traded company, meaning they have to disclose to the public when they purchase Bitcoin. However, SpaceX is not publicly traded, so they don’t need to disclose how much Bitcoin they own. Neither does Elon Musk. So the question is, how much Bitcoin does Elon Musk own by himself and with these two companies? Where will the price of Bitcoin go by the end of the month?
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