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First Mover: Elon Musk's #bitcoin Bet Pays Off With $270M Gain on First Day

Tesla has forged a path other corporate treasurers might follow into bitcoin. PLUS: Ether hits new record price above $1,800 as CME futures debut.

By Bradley Keoun, Omkar Godbole

Updated Sep 14, 2021, 12:09 p.m. Published Feb 9, 2021, 2:44 p.m.

So far, Tesla's bet on bitcoin appears to be paying off, with a $270 million paper gain on the first day.