One of the major news stories when it comes to cryptocurrency and bitcoin purchase has been the purchase of Bitcoin by the Tesla company which is run by Elon Musk. There was a substantial investment made by Tesla into Bitcoin and this is what has increased the price quite substantially over the last few weeks as well because in my opinion it shows a confidence that these large companies have within the cryptocurrency field. A recent article has shown that the Investment made by Tesla into bitcoin has already profited them around 1 billion dollars. This is in profit alone. Therefore the movement to invest in Bitcoin was certainly a good one from the company standpoint.