Tesla’s first quarter earnings report released on Monday showed that the company sold off 10 per cent of its Bitcoin holdings. It made $272m in proceeds and $101m in profit from Bitcoin.
The car maker made more money from Bitcoin than car sales. Tesla’s profits hit $438m with nearly a quarter of that earning coming in Bitcoin sale.- "punch"
Elon Musk has a huge influence on bitcoin it is very natural that in the future technology-based companies will soon follow in Elon Musk footsteps, It's simple they will surely also know how potential a bitcoin is today, We will certainly see bitcoin much loved by many companies in the next few years.