Bitcoin Rises Above $40,000 on Elon Musk Tweet, MicroStrategy Plans

Bitcoin reached its highest level in more than two weeks Monday, buoyed by MicroStrategy Inc. completing itsto buy bitcoin and by fresh comments from Tesla Inc. Chief Executive Elon Musk.

The world’s largest cryptocurrency by market value traded as high as $41,046.77—a nearly 11% rise from its Friday level at 5 p.m. ET.MicroStrategy said in a securities filing on Monday that it raised $488 million from its bond sale, an increase from the $400 million it initially planned. The funds will be used to purchase additional bitcoin.

The company has been a longtime investor in the cryptocurrency, and this was its third bond sale to purchase bitcoins in less than a year.

Artwork: “Mars is Mine” for sale. Canvas.oil. Size 110/200

Who knows any crypto wallet that works in Pakistan

The clown started backing BTC again, Anonymous rules.

No backing on assets, not production of goods/services. No cashflow, not dividends. No job creation. Value based on personal views/opinion/comments and speculation. Hi fuel consumption for energy at the expense of the environment. Subjective based on comments. Voilà!

This guy won’t accept Bitcoin because miners won’t go clean energy.. it is all BS quarterly dressing for Tesla

Whatever

Net neutrality 💰

Seriously too? This is pathetic personal branding.... Just a waste of money, marketing exposure this rich dude...

Bitcoin is so volatile man, traditional stock markets looks like steady real estate investments in comparison 😅

I don’t know why people follow his every move so closely. Wealthy people don’t want to help average people become wealthy.

Time for Elon to come back on Twitter, say he’s changed his mind, then watch it fall 50%. 😂🤣😂🤣

Touch it. Feel it. You can't. Tulips

See! A successful African American.

good

No, Elon musk had nothing to do with it. Bitcoin

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