Musk's bitcoin bet fuels gains in companies already invested

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Shares of companies that have invested in bitcoin have vastly outperformed on Wall Street in 2021 and are extending their gains thanks to Tesla's ...

Shares of companies that have invested in bitcoin have vastly outperformed on Wall Street in 2021 and are extending their gains thanks to Tesla's US$1.5 billion bet on the soaring digital currency.

Graphic - Soaring shares of companies that own bitcoin: https://graphics.reuters.com/CRYPTO-CURRENCIES/COMPANIES/nmopaznbxva/chart.png Companies with much more significant exposures to bitcoin in proportion to their overall stock market value than Tesla have also rallied following Tesla's disclosure, increasing already strong stock gains driven by the cryptocurrency's recent rally.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The Myanmar military is now trying to control the Internet system like mainland China, and the Chinese government also supports the Myanmar military for a successful coup. The Chinese government is the chief culprit in the lives of the Burmese people.ShameonyouChina

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines