The Bitcoin (BTC) price for 2021 is getting incredibly close to $50,000 as more major companies push the cryptocurrency higher.
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Bitcoin is started to be accepted more by big companies and that’s fueling the price of the crypto in 2021. Let’s take a look at some major players that are investing in or interested in investing in bitcoin.
- Of course, starting off we have to mention Tesla (NASDAQ:TSLA) and its $1.5 billion investment in bitcoin last week. The company is betting big on the cryptocurrency as CEO Elon Musk leads a Reddit army to invest in the meme cryptocurrency Dogecoin (DOGE).
- Morgan Stanley (NYSE:MS) is also reportedly starting to take bitcoin seriously. A recent report claims that .
- JPMorgan (NYSE:JPM) is another bank that is showing interest in bitcoin. The company’s co-president, Daniel Pinto, said he expects Wall Street to get involved as interest in cryptocurrencies continue to rise.
- Bank of New York Mellon (NYSE:BK) is also planning to support bitcoin with offers to “issue, hold, and transfer” the cryptocurrency for its customers.
- BlackRock (NYSE:BLK) is also among the investment companies that . The company revealed as much during a filing last month concerning bitcoin futures.
- Galaxy Digital (OTCMKTS:BRPHF) is also a company that invests in bitcoin with 16,400 bitcoin in its possession.
- MicroStrategy also fits into this with roughly 71,000 bitcoin in its vault.
- Square (NYSE:SQ) caught the interest of bitcoin investors late last year when it joined its ranks with .
BTC was up 3.2% as of Tuesday morning.
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.
