As Bitcoin price relies on around $58,000 investors are already recording their profits and one among them is Tesla, a company own and operated by Elon Musk a popular cryptocurrency.
Actually investors only secure large profit whenever the price of cryptocurrencies get increase to any step, but it really depends on the time the investor purchase the cryptocurrency , which is one of the major reason or advantages while people are encouraged to purchase any cryptocurrency when it decrease in value, right now it's very obvious that all the coins is appreciating due to the market structure now, any investor who purchased it when it was thirty four to forty thousand (34k to 40k) have made a profit.
Not only tesla many other companies who have hold onto their btc holding have made huge profits in billions like MicroStrategy and have made enough profits that they have not made in so many years and that's insane growth.This all came with bitcoin climbing up to ATH and moreover the companies make DCA investment and their average price is also low so they make more profits also.But in the end the main concern is to invest.