Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst By Cointelegraph

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Up to 5% of public companies will follow Tesla’s Bitcoin buy, says Wedbush analyst

Tesla’s strategic embrace of (BTC) will have a dramatic impact on corporate adoption of the digital asset, according to Dan Ives of Wedbush Securities.

In a Monday interview with CNBC, Ives said Tesla’s exposure to Bitcoin is “not just a fad,” but part of a long-term strategy that’s driven by an investment thesis and business thesis.