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Bitcoin is already worth more than Tesla

Bitcoin is already worth more than Tesla

As you know, the head of Tesla, Elon Musk, recently announced the purchase of Bitcoin in the amount of $ 1.5 billion, which led to a rapid increase in the value of this cryptocurrency.

It is noteworthy that when the value of a Bitcoin unit exceeded $ 44,000, the market value of all this cryptocurrency exceeded the market value of Tesla. Recall that a month ago Tesla shares rose so much that the company’s capitalization reached $ 834.7 billion. Since then, it has dropped slightly and now stands at $ 828.8 billion.

At the time of this writing, Bitcoin is worth around $ 46,500, which is enough to hold it among the most expensive exchange-traded assets. In fact, there are only six companies above Bitcoin: Tencent, Alphabet, Amazon, Microsoft, Saudi Aramco, and Apple.