Crypto Mania About To Take Hold Of Wall Street Share Share Trending As if the all the rage surrounding Bitcoin needed another catalyst, news of Elon Musk buying $1.5 billion of the leading cryptocurrency swept over the digital currency world, and it saw its price vault above $48,000 for the first time. Musk is following in the footsteps of Square Inc. (SQ) and MicroStrategy Inc. (MSTR) in buying Bitcoin for their corporate treasuries. Mr. Musk is also considering allowing buyers of Tesla autos to pay in Bitcoin. Not to be outdone, MasterCard (MA) announced late last week that it is evaluating having its vendors allow for purchases in Bitcoin and other cryptocurrencies. PayPal Inc. (PYPL) started allowing its 35 million vendors around the world to accept payment in Bitcoin, and the stock has soared since.