This was led by the purchase of a $ 1.5 billion cryptocurrency
As you know, the head of Tesla, Elon Musk, recently announced the purchase of Bitcoin in the amount of $ 1.5 billion, which led to a rapid increase in the value of this cryptocurrency.
Bitcoin is already worth more than Tesla
It is noteworthy that when the value of a Bitcoin unit exceeded $ 44,000, the market value of all this cryptocurrency exceeded the market value of Tesla. Recall that a month ago Tesla shares rose so much that the company’s capitalization reached $ 834.7 billion. Since then, it has dropped slightly and now stands at $ 828.8 billion.
At the time of this writing, Bitcoin is worth around $ 46,500, which is enough to hold it among the most expensive exchange-traded assets. In fact, there are only six companies above Bitcoin: Tencent, Alphabet, Amazon, Microsoft, Saudi Aramco, and Apple.
