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Here are some of the latest updates on Bitcoin:
*Bitcoin has been on a tear in recent weeks, rising from a low of $17,500 in early May to its current price.** The rally has been attributed to a number of factors, including increased institutional investment and growing adoption by businesses and consumers.
*Tesla recently announced that it had purchased $1.5 billion worth of Bitcoin and would begin accepting it as payment for its products.** This move was seen as a major endorsement of Bitcoin by a major corporation.
*MicroStrategy, a business intelligence company, has also been a major buyer of Bitcoin.** The company has accumulated over 92,000 Bitcoin, worth over $2 billion at current prices.
*The growing adoption of Bitcoin by businesses and consumers is likely to continue to drive its price higher in the long term.
#BTC
*Bitcoin has been on a tear in recent weeks, rising from a low of $17,500 in early May to its current price.** The rally has been attributed to a number of factors, including increased institutional investment and growing adoption by businesses and consumers.
*Tesla recently announced that it had purchased $1.5 billion worth of Bitcoin and would begin accepting it as payment for its products.** This move was seen as a major endorsement of Bitcoin by a major corporation.
*MicroStrategy, a business intelligence company, has also been a major buyer of Bitcoin.** The company has accumulated over 92,000 Bitcoin, worth over $2 billion at current prices.
*The growing adoption of Bitcoin by businesses and consumers is likely to continue to drive its price higher in the long term.
#BTC
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.ย See T&Cs.
BTC
89,464
+11.09%
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