Tesla, led by Elon Musk, has confirmed that it acquired about $ 1.5 billion worth of bitcoin in January and expects to start accepting it as payment in the future.
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As Bitcoin and other digital currencies rise in value, investors are looking for other ways to play cryptocurrency craze.
Bitcoin is up more than 90% since the beginning of 2021, even after the recent drop in prices when the market lost more than $ 200 billion. Ether, the second largest digital coin by market value, has grown by almost 350% since the beginning of the year.
In a note published on Thursday, Goldman Sachs analysts named a list of stocks that rally alongside bitcoin. The bank found that, on average, these stocks significantly outperformed the S&P 500 this year.