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3% To 5% Of Listed Companies Will Follow Tesla To Buy Bitcoin, Says Managing Director of Wedbush Securities
Summary: Experts predict that the FOMO situation will continue. Dan Ives, managing director of US investment bank Wedbush Securities, said in an interview with CNBC on Monday that in the next 12 to 18 months, 3% to 5% of listed companies will follow Tesla to buy Bitcoin, but if not under a clearer regulation environment, it ...
Experts predict that the FOMO situation will continue.
Dan Ives, managing director of US investment bank Wedbush Securities, said in an interview with CNBC on Monday that in the next 12 to 18 months, 3% to 5% of listed companies will follow Tesla to buy Bitcoin, but if not under a clearer regulation environment, it is impossible to break the 5% threshold.
Ives mentioned Tesla's $1.5 billion Bitcoin buying, says this is not only from an investment perspective but also a transaction one, the top company is considering using Bitcoin for payment. He believed Tesla will double its investment in the largest cryptocurrency, which will be part of its long-term strategy.
By Mary Liu
Tags: Bitcoin,Dan Ives,Tesla,Wedbush Securities
Link: 3% To 5% Of Listed Companies Will Follow Tesla To Buy Bitcoin, Says Managing Director of Wedbush Securities [Copy]
