Tesla's kiss of confidence sends Bitcoin price skyrocketing
Industry Leaders|March 2021
According to Grayscale Bitcoin Trust, Bitcoin price rose 20.6%, its highest since mid-January.
Anna Domanska
Tesla's kiss of confidence sends Bitcoin price skyrocketing

It’s hard to predict the correct Bitcoin price. Analysts often face difficulty putting a value on it as they do with a traditional company. There are no annual earnings or dividends to refer to or leadership teams to evaluate. Despite these hiccups, the digital currency has remained a Wall Street darling for past several months. The latest love letter to Bitcoin comes from America’s most valuable automaker, Tesla Inc.

This story is from the March 2021 edition of Industry Leaders.

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This story is from the March 2021 edition of Industry Leaders.

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