Musk Finally Takes The Leap: Tesla Buys Into BItcoin
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$1.5 billion in Bitcoin purchased by Tesla.
This opens up the door for other non Wall Street entities to enter. Up until this point, it was Wall Street funds and financial institutions who were bringing the big money to the table.
In this video I discuss how, with Tesla's move, the rest of the S&P500, at least those with reserves, will start entering BTC. This is going to kick off a wave of companies using Bitcoin as part of their reserve portfolio. The ability to outperform has to hold great appeal to CFOs all over the world.
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