Tesla Bitcoin purchase could be 'game changing' if other companies follow suit - analysts | City & Business | Finance
Following the news, Daniel Ives and Ygal Arounian, analysts for wealth management firm Webush Securities, said investors will be “watching closely” to see if other companies now do the same. In a note, they called the move “game changing for the use of Bitcoin from a transactional perspective”. The analysts added: “Ultimately, investors and other industry watchers will be watching this closely to see if other corporations follow the lead of Tesla on this crypto path or on the other hand does it remain a contained few names that make this strategic jump around Bitcoin.” Electric ca...
Source: express.co.uk