Markets

Bitcoin-holders MicroStrategy and Galaxy Digital soared last week after Tesla bought $1.5 billion. Will other companies now follow suit?

MicroStrategy, Galaxy Digital and other bitcoin holders soared on the markets last week. Tesla’s purchase of $US1.5 billion in bitcoin was the catalyst, bringing more attention to crypto. But bitcoin’s volatility and energy use are obstacles to widespread adoption by firms. Sign up here for our daily newsletter, 10 Things […]
Bitcoin-holders MicroStrategy and Galaxy Digital soared last week after Tesla bought $1.5 billion. Will other companies now follow suit?