Crypto exchange Coinbase was behind Tesla’s bitcoin buy

[Coin63@]

Coinbase, the U.S.-based crypto exchange, has been helping large companies invest in bitcoin. The Block has learned that Tesla is among Coinbase's deep-pocketed corporate clientele.

Tesla made headlines earlier this month when it revealed a $1.5 billion bitcoin investment, disclosing in an annual report that the purchase would help "diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity."
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[Tamsialu$$]

This may be the main reason why the bitcoin price is rising so much. We all know that Elon Musk, one of the most popular people in the world now, has a company called Telsa. The price of Bitcoin has changed so much since he invested 1.5 million bitcoins in it. The price of the coin may increase further.The price of Bitcoin may increase further, The target ahead may be to cross $70k.