Bitcoin price refreshed record with Tesla!
Bitcoin prices rose to a record above $ 47,000 yesterday after Tesla announced that it received $ 1.5 billion. The cryptocurrency Bitcoin gained almost 20 percent on Monday's surge.
After Tesla reported to the American capital markets regulator (SEC) that he bought $ 1.5 billion of Bitcoin, Bitcoin prices rose a record yesterday to $ 47,000. The crypto money, which rose again after a slight decline, is being traded at around $ 47,014 at 08:02.
Crypto supporters have long emphasized the importance of a corporate company adopting Bitcoin, but companies that use Bitcoin as a means of payment were limited to MicroStrategy and Square Inc.
Managed by the richest man in the world and the fourth largest company in the S&P 500, entering Bitcoin, has created a new debate by revolutionizing everything.
"We think the treasuries of companies are important reasons explaining their crypto position and others will follow this first step." Fundstrat Global Advisors strategist David Grider said that this will not happen overnight, but that they think there is a space for companies' treasury entry and this trend will continue.
"Other companies in the S&P 500 will follow you"
Elon Musk, from a conversation with MicroStrategy CEO Michael Saylor on Twitter, asked whether it was possible to move Tesla's balance sheet to Bitcoin.
"If you want to do a $ 100 billion favor to your shareholders, you should move your balance sheet from dollars to Bitcoin." Saylor said, "Other companies in the S&P 500 will follow you, and over time this favor can reach up to $ 1 trillion." he added.
Musk asked if such a large transaction was possible, and Saylor stated that it was possible and that he had bought $ 1.3 billion of Bitcoin in the past months and that he could share his tactics in a private way.