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Public Companies Will Mirror Tesla’s Bitcoin Investment, Says Wealth Management Exec – Here’s Why – The Daily Hodl

Dan Ives, the senior equities analyst at investment banking firm Wedbush Securities, says he expects more publicly-traded companies to jump on the Bitcoin bandwagon…

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Dan Ives, the senior equities analyst at investment banking firm Wedbush Securities, says he expects more publicly-traded companies to jump on the Bitcoin bandwagon in the coming months.
In a new CNBC Squawk Box interview, Ives says he believes Tesla will add more to its $1.5 billion Bitcoin position as the electric vehicle maker sees tremendous results from its initial investment.
“I think this is not just a fad. I think Tesla’s going to continue to double down on its Bitcoin investment and you’re…

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