Musk's Bitcoin investment follows months of Twitter talk
The announcement of Tesla`s investment, buried in Tesla`s 2020 annual report, follows months of tweets by Musk related to cryptocurrencies including Bitcoin BTC=BTSP, sometimes helping fuel its rally. The cryptocurrency jumped 10% on Monday following Tesla`s disclosure
In chat on social media app Clubhouse that drew thousands of listeners earlier this month, Musk said Bitcoin was "on the verge" of being more widely accepted among investors. Source: Reuters