What Elon Musk’s Bitcoin Bet Means for Tesla: 5 Things to Know
Carlton Fields blockchain attorney Andrew (Drew) Hinkes was quoted in a Nikkei Asia article about the electric vehicle manufacturer Tesla’s decision to buy $1.5 billion of Bitcoin and accept the cryptocurrency as payment. Hinkes said the move may lead to more investment in Tesla.
"So many investors are trying to figure out a way to get access to the value of these assets, and crypto assets are not the easiest assets to handle," he said.
READ: Nikkei Asia, “What Elon Musk's bitcoin bet means for Tesla: 5 things to know”