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The Startup

Will Tesla Buy Ether?

Photo by Matt Henry on Unsplash

On Jan 29, after Elon Musk’s addition of BTC to his online bio, BTC surged 20%. Yesterday, when Tesla bought $1.5B worth of BTC, its price surged about 10%.

Crypto speculators, and now even market analysts, have often forecasted that BTC could easily break $100K any day, because of its limited supply. This is because the world will never have more than 21M Bitcoins.

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Pen Magnet

Pen Magnet

Author of Comprehensive Approach to Senior Developer Interview), Startup writer, Programmer, Tech Career Blogger, Education Engagement Enthusiast

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