Tesla, led by Elon Musk, confirmed that it bought about $ 1.5 billion in bitcoin in January and expects to begin accepting it as a cost in the future.
Artur Widak | NurPhoto | Getty Images
As bitcoin and different digital currencies surge in value, traders are searching for different methods to play the crypto craze.
Bitcoin is up over 90% since the begin of 2021, even after a recent slide in costs noticed the market shed greater than $200 billion in worth. Ether, the second-largest digital coin by market worth, has climbed virtually 350% year-to-date.
In a be aware revealed Thursday, analysts at Goldman Sachs named a listing of stocks that are bouncing alongside bitcoin. The financial institution discovered that, on common, these stocks have considerably outperformed the S&P 500 this yr.
