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Author: Admin | 2025-04-27
In this article, we discuss 5 best Bitcoin stocks to buy now. If you want to read a detailed analysis of the crypto industry, click 11 Best Bitcoin Stocks to Buy Now.5. Tesla, Inc (NYSE:TSLA) Number of Hedge Fund Holders: 80 Tesla, Inc (NYSE:TSLA), an electric car company, ranks 5th in our list of 11 best Bitcoin stocks to buy now. Tesla, Inc (NYSE:TSLA) purchased $1.5 billion worth of Bitcoins in 2021. Elon Musk, CEO of Tesla, is a staunch advocate of cryptocurrencies including Bitcoin, Ethereum, and Dogecoin. Even though Tesla sold over $900 million worth of Bitcoin, reports show that the company still owns over $220 million worth of digital assets. As confusion regarding Musk’s takeover of Twitter clears up and recession fears recede, it’s expected that Musk could load up on Bitcoin again in the near future.After seeing the stronger than expected performance of Tesla, Inc (NYSE:TSLA) during the first two quarters of 2022 several analysts have raised the price targets of their firms on Tesla, Inc (NYSE:TSLA) during the last couple of weeks. On August 2, Citi analyst Itay Michaeli raised his firm’s price target on Tesla to $424 from $375. Similarly, on July 21, JPMorgan analyst Ryan Brinkman raised the price target on Tesla to $410 from $385. According to the database of Insider Monkey 80 hedge funds held stakes worth $11.3 billion in Tesla, Inc (NYSE:TSLA) at the end of the first quarter of 2022. Follow Tesla Inc. (NASDAQ:TSLA) Follow Tesla Inc. (NASDAQ:TSLA) We may use your email to send marketing emails about our services. Click here to read our privacy policy. NYSE:TSLANASDAQ:AMDNASDAQ:NVDANASDAQ:PYPLBlock Inc. (NYSE:SQ)Tesla Inc (NYSE:TSLA)PayPal Holdings (NASDAQ:PYPL)5 Best Bitcoin Stocks To Buy NowNVIDIA Corporation (NASDAQ:NVDA)Advanced Micro Devices Inc. (NASDAQ:AMD)10 Buy the Dip Restaurant Stocks to Invest in Now10 Best Stocks For Inflation According
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