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Bitcoin News Roundup for March 2, 2020

With bitcoin taking a breather after last week's abrupt fall, Markets Daily is back with another time saving news roundup.

Updated Dec 6, 2022, 6:28 p.m. Published Mar 2, 2020, 5:11 p.m. 1 min read
MD FEB 27 RELEASE

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(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

Lo que debes saber:

  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.