Post
Topic
Board Bitcoin Discussion
Re: Two months since Tesla BTC purchase. Corporate buying less than expected?
by
Expecto
on 08/04/2021, 12:13:51 UTC
We remember that day when the news came out. BTC shot up from $38K to 44K and to 48K the day after. People expected an avalanche of big companies to buy BTC. So far it hasn't happened yet it seems. We have seen news about some companies around the world buying crypto but they were not "big" big players like Tesla. Do you think corporate buying so far was not as big as we expected when Tesla made the news?

I think companies are still making a good investment into Bitcoin. Those investments are just far less than the amount Tesla made. For example, MicroStrategy still continues investing into Bitcoin. They bought some Bitcoin again which is worth 15 million dollars a few days ago.