Should You Buy Bitcoin as Tesla Invests $1.5 Billion?

Tesla Inc (NASDAQ: TSLA) announced that it bought $1.5 billion worth of Bitcoin (BTC). The company not only invested but would also start accepting payment for its products using the cryptocurrency. The Bitcoin price jumped as much as 15%, with prices exceeding US$44,000 for the first time.

What Elon Musk Has Been Investing In February 8, 2021 Elon Musk has been very vocal on Twitter about his interest in Bitcoin. Today, we found out that Tesla has invested $1.5B into the crypto! What you may not hear in the mainstream news is what he was investing into in 2020… A tech that will revolutionize the online world (even more than the advent of the internet). It's not only him that is a big investor… Jeff Bezos and Google have invested too! Let me show you how this new tech could make early investors rich. Join the presentation now James West, CEO Midas Letter. James West is a professional trader and a successful entrepreneur with over 10 years of experience in the financial markets. Should You Buy Bitcoin as Tesla Invests $1.5 Billion? Tesla Inc (NASDAQ: TSLA) announced that it bought $1.5 billion worth of Bitcoin (BTC). The company not only invested but would also start accepting payment for its products using the cryptocurrency. The Bitcoin price jumped as much as 15%, with prices exceeding US$44,000 for the first time. The Tesla CEO has had a huge impact on raising the prices of cryptocurrencies, including bitcoin, through his influence on Twitter. (Even changing his display picture to an image of BTC) But a key thing to keep in mind is that Elon Musk has a large position in the crypto… Does this news set the scene for institutional acceptance of Bitcoin and give corporations the green light to hold cash in bitcoin? Should you follow Elon Musk into the crypto space? Where is the BTC price going from here? All of those questions will be answered and more if you watch the full Monday roundtable video here. Learn more Learn more Disclaimer: The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein. Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment. Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio. Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

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