🕷️ Crawler Inspector

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Direct Parameter Lookup

Raw Queries and Responses

1. Shard Calculation

Query:

Response:

Calculated Shard: 23 (from laksa076)

2. Crawled Status Check

Query:

curl -X POST \
  'http://laksa023.int.ahrefs:8124/' \
  -H 'Content-Type: text/plain' \
  -H 'X-ClickHouse-Database: crawler3' \
  -H 'Authorization: Basic YXBpOg==' \
  -d 'SELECT getAhrefsURLFromUnparsed(src_unparsed) AS found_url, ifNull(toUnixTimestamp(download_stamp), 0) AS crawl_time, ifNull(toUnixTimestamp(props_url_first_seen), 0) AS first_indexed_time, download_http_code AS http_code, src_unparsed AS src_unparsed, src_root_hash AS src_root_hash, history_drop_reason AS history_drop_reason, meta_title AS meta_title, meta_descriptions AS meta_descriptions, attrs_boilerpipe_text AS attrs_boilerpipe_text, attrs_markdown AS attrs_markdown, attrs_readable_markdown AS attrs_readable_markdown, meta_canonical AS meta_canonical FROM crawler3.page_info_local FINAL PREWHERE (src_root_hash, src_unparsed) IN ((getAhrefsRootHashFromUnparsed(getAhrefsUnparsedNoserviceFromURL(\'https://www.usfunds.com/resource/tesla-just-bought-1-5-billion-worth-of-bitcoin/\')), getAhrefsUnparsedNoserviceFromURL(\'https://www.usfunds.com/resource/tesla-just-bought-1-5-billion-worth-of-bitcoin/\'))) FORMAT JSONEachRow'

Response:

{"found_url":"https:\/\/www.usfunds.com\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/","crawl_time":1776048614,"first_indexed_time":1636392824,"http_code":200,"src_unparsed":"com,usfunds!www,\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/ s443","src_root_hash":"5190715665625159423","history_drop_reason":null,"meta_title":"Tesla Just Bought $1.5 Billion Worth of Bitcoin. Is Apple Next? - USFunds","meta_descriptions":["Specialty funds for today’s investors"],"attrs_boilerpipe_text":"Tesla announced in a public filing Monday that it bought $1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs.\nThe company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though.\nTesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation.\nBoth Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by\ninstitutional investor demand.\nAs I write this Tuesday morning, its price has blasted past $48,000.\nclick to enlarge\nTesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it\nunveiled Bitcoin futures.\nToday, the second largest coin after Bitcoin soared past $1,800 for the first time ever.\nclick to enlarge\nBitcoin Has Hit the Big Leagues\nI believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well.\nGoogle searches for “invest in crypto,” in fact, have recently hit a new all-time high.\nclick to enlarge\nFor years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.”\nFamed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat.\n(Miller later one-upped Buffett again, after the Oracle of Omaha\ndumped airline stocks near the start of the pandemic.\nThe former chief investment officer at Legg Mason said in May that if you don’t own airlines,\n“you’re making a bet against the vaccine.”\nSix months following Miller’s comment, Pfizer and Moderna both announced they had\ndeveloped effective vaccines against the virus.\n)\nPutting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The $2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust.\nTesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin\nSo who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit.\nOne analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a\nmore trustworthy and readily available means to trade cryptos.\nFurther, Apple should consider buying Bitcoin outright—perhaps as much as $5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes.\nTo elaborate, if Apple “purchased $5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the [hypothetical crypto exchange] in the first place.”\nSteves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).”\nA 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16.\nHIVE Blockchain Most Liquid Tech Stock in Canada\nBesides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through\nHIVE Blockchain Technologies\n(TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether.\nBecause HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments.\nI’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year.\nConsidering Ether?\nClick here\nto watch my latest video on five reasons why now might be the time to invest.\nSome links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.\nThe S&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies.\nThe OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year.\nStandard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.\nMr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken.\nHoldings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12\/31\/2020): Tesla Inc., Apple Inc.","attrs_markdown":"[Skip to content](https:\/\/www.usfunds.com\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/#main-content)\n\n[![USFunds]()](https:\/\/www.usfunds.com\/)\n\n- Our Funds\n- Resources\n- [How to Invest](https:\/\/www.usfunds.com\/invest-with-us\/)\n- About Us\n- [Blog Español](https:\/\/usglobales.com\/)\n\n[My Account](https:\/\/usfunds.olaccess2.com\/logon\/#\/logon)\n\n[Investor Relations](https:\/\/www.usfunds.com\/GROW\/)\n\n[![\\[THE\\_TITLE\\]]()](https:\/\/www.usfunds.com\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/[THE_PERMALINK])\n\n\\[THE\\_DATE\\]\n\n### [\\[THE\\_TITLE\\]](https:\/\/www.usfunds.com\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/[THE_PERMALINK])\n[Learn More](https:\/\/www.usfunds.com\/resource\/tesla-just-bought-1-5-billion-worth-of-bitcoin\/[THE_PERMALINK] \"[THE_TITLE]\")\n\n## Our Funds\n### [ETFs](https:\/\/www.usglobaletfs.com\/)\n![]()\n\nETFs\n\nU.S. Global Investors offers smart beta 2.0 exchange traded funds (ETFs) in addition to mutual funds.\n\n[Visit Website.](https:\/\/www.usglobaletfs.com\/)\n\n### [Prospectus](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/)\n![Prospectus]()\n\nProspectus\n\nGet the need-to-know information about our financial products, from investment objectives, strategies, and performance to fees and fund management.\n\n[Learn More](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/)\n\n### [Mutual Fund Performance](https:\/\/www.usfunds.com\/funds)\n![]()\n\nMutual Fund Performance\n\nExplore the performance of our eight no-load mutual funds here, which invest in a range of industries from natural resources and emerging markets, to precious metals and bonds.\n\n[Learn More.](https:\/\/www.usfunds.com\/funds)\n\n### [Gold and Precious Metals Fund (USERX)](https:\/\/www.usfunds.com\/fund\/gold-and-precious-metals-fund\/)\n![]()\n\nGold and Precious Metals Fund (USERX)\n\nThe Gold and Precious Metals Fund is the first no-load gold fund in the U.S. We have a history as pioneers in portfolio management in this specialized sector. Our team brings valuable background in geology and mining finance, important to understanding the technical side of the business.\n\n[Learn More](https:\/\/www.usfunds.com\/fund\/gold-and-precious-metals-fund\/)\n\n### [World Precious Minerals Fund (UNWPX)](https:\/\/www.usfunds.com\/fund\/world-precious-minerals-fund\/)\n![]()\n\nWorld Precious Minerals Fund (UNWPX)\n\nThe World Precious Minerals Fund complements our Gold and Precious Metals Fund by giving investors increased exposure to junior and intermediate mining companies for added growth potential. With a high level of expertise in this specialized sector, our portfolio management team includes professionals with experience in geology, mineral resources and mining finance.\n\n[Learn More](https:\/\/www.usfunds.com\/fund\/world-precious-minerals-fund\/)\n\n### [Global Resources Fund (PSPFX)](https:\/\/www.usfunds.com\/fund\/global-resources-fund\/)\n![]()\n\nGlobal Resources Fund (PSPFX)\n\nThe Global Resources Fund takes a multi-faceted approach to the natural resources sector by investing in energy and basic materials. The fund invests in companies involved in the exploration, production and processing of petroleum, natural gas, coal, alternative energies, chemicals, mining, iron and steel, and paper and forest products, and can invest in any part of the world.\n\n[Learn More.](https:\/\/www.usfunds.com\/fund\/global-resources-fund\/)\n\n### [Global Luxury Goods Fund (USLUX)](https:\/\/www.usfunds.com\/fund\/global-luxury-goods-fund\/)\n![]()\n\nGlobal Luxury Goods Fund (USLUX)\n\nThe Global Luxury Goods Fund provides investors access to companies around the world that are involved in the design, manufacture and sale of products and services that are not considered to be essential but are highly desired within a culture or society.\n\n[Learn More.](https:\/\/www.usfunds.com\/fund\/global-luxury-goods-fund\/)\n\n### [Near-Term Tax Free Fund (NEARX)](https:\/\/www.usfunds.com\/fund\/near-term-tax-free-fund\/)\n![]()\n\nNear-Term Tax Free Fund (NEARX)\n\nThe Near-Term Tax Free Fund invests in municipal bonds with relatively short maturity. The fund seeks to provide tax-free monthly income by investing in debt securities issued by state and local governments from across the country.\n\n[Learn More.](https:\/\/www.usfunds.com\/fund\/near-term-tax-free-fund\/)\n\n### [U.S. Government Securities Ultra-Short Bond Fund (UGSDX)](https:\/\/www.usfunds.com\/fund\/u-s-government-securities-ultra-short-bond-fund\/)\n![]()\n\nU.S. Government Securities Ultra-Short Bond Fund (UGSDX)\n\nThe U.S. Government Securities Ultra-Short Bond Fund is designed to be used as an investment that takes advantage of the security of U.S. Government bonds and obligations, while simultaneously pursuing a higher level of current income than money market funds offer.\n\n[Learn More.](https:\/\/www.usfunds.com\/fund\/u-s-government-securities-ultra-short-bond-fund\/)\n\n## Resources\n### [Frank Talk](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=frank-talk)\n![Why U.S. Airlines Are Better Positioned for This Oil Shock Than the Market Believes](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/airlines-better-positioned-04062026.png)\n\nApril 6, 2026\n\n#### Why U.S. Airlines Are Better Positioned for This Oil Shock Than the Market Believes\nFull Article   [Read full article](https:\/\/www.usfunds.com\/resource\/why-u-s-airlines-are-better-positioned-for-this-oil-shock-than-the-market-believes\/)\n\n![Why U.S. Energy Stocks and Gold Could Win Big](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/us-energy-stocks-gold-03232026.png)\n\n#### Why U.S. Energy Stocks and Gold Could Win Big\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/why-u-s-energy-stocks-and-gold-could-win-big\/)\n\n![Oil Shock Sends Yields Higher and Gold Lower](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/header-image-03162026.png)\n\n#### Oil Shock Sends Yields Higher and Gold Lower\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/oil-shock-sends-yields-higher-and-gold-lower\/)\n\n![Shipping Stocks Catch a Windfall as Freight Markets Go Vertical](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/shipping-and-oil-03092026.png)\n\n#### Shipping Stocks Catch a Windfall as Freight Markets Go Vertical\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/shipping-stocks-catch-a-windfall-as-freight-markets-go-vertical\/)\n\n### [Investor Alert](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=investor-alert)\n![The Rise of Autonomous Warfare Is Creating a New Defense Supercycle](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/COMM-rise-of-autonomous-warfare-04102026.png)\n\nApril 10, 2026\n\n#### The Rise of Autonomous Warfare Is Creating a New Defense Supercycle\nFull Article   [Read full article](https:\/\/www.usfunds.com\/resource\/the-rise-of-autonomous-warfare-is-creating-a-new-defense-supercycle\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/Jet-Fuel-Has-Doubled.-Heres-Why-Im-Still-Bullish-on-Airlines.png)\n\n#### Jet Fuel Has Doubled. Here’s Why I’m Still Bullish on Airlines\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/jet-fuel-has-doubled-heres-why-im-still-bullish-on-airlines\/)\n\n![Why the Jones Act Waiver Could Be the Most Important Energy Story of 2026](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/COMM-jones-act-waiver-03272026.png)\n\n#### Why the Jones Act Waiver Could Be the Most Important Energy Story of 2026\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/why-the-jones-act-waiver-could-be-the-most-important-energy-story-of-2026\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/Why-the-Real-Oil-Shock-Hasnt-Hit-America-Yet.png)\n\n#### Why the Real Oil Shock Hasn’t Hit America Yet\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/why-the-real-oil-shock-hasnt-hit-america-yet\/)\n\n### [Press Releases](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=press-release)\n![](https:\/\/www.usfunds.com\/app\/uploads\/2021\/09\/iStock-472821788-scaled-e1632247002760.jpg)\n\nApril 2, 2026\n\n#### Understanding First-Quarter Fund Distributions\nFull Article   [Read full article](https:\/\/www.usfunds.com\/resource\/understanding-first-quarter-fund-distributions\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2021\/09\/iStock-472821788-scaled-e1632247002760.jpg)\n\n#### U.S. Global Investors Declares Continued Monthly Dividend, Highlights Readiness as Geopolitical Tensions Rise\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/u-s-global-investors-declares-continued-monthly-dividend-highlights-readiness-as-geopolitical-tensions-rise\/)\n\n![Press Release](https:\/\/www.usfunds.com\/app\/uploads\/2021\/06\/iStock-469182248-scaled-e1632246539215.jpg)\n\n#### U.S. Global Investors Reports 12% Sequential Growth in Assets Under Management in Q2 of Fiscal 2026\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/u-s-global-investors-reports-12-sequential-growth-in-assets-under-management-in-q2-of-fiscal-2026\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2021\/09\/iStock-472821788-scaled-e1632247002760.jpg)\n\n#### U.S. Global Investors Announces Q2 Fiscal Year 2026 Webcast\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/u-s-global-investors-announces-q2-fiscal-year-2026-webcast\/)\n\n### [Interactive Research](https:\/\/www.usfunds.com\/resource-listing\/interactive-research\/)\n![](https:\/\/www.usfunds.com\/app\/uploads\/2024\/02\/infographic-chinese-new-year-2024-1.jpg)\n\nFebruary 16, 2024\n\n#### 5 Things To Know About The Chinese New Year\nFull Article   [Read full article](https:\/\/www.usfunds.com\/resource\/5-things-to-know-about-the-chinese-new-year\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2022\/01\/iStock-493788148-scaled.jpg)\n\n#### Understanding the Chinese Zodiac\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/understanding-the-chinese-zodiac\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2022\/12\/21-china.jpg)\n\n#### Gold Through the Ages – Civilization’s Love Affair with the Yellow Metal\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/gold-through-the-ages-civilizations-love-affair-with-the-yellow-metal\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2023\/04\/Indonesia-Slide-17.jpg)\n\n#### Growing Sustainable Futures: A Story of Palm Oil Production\nFull Article\n\n[Read full article](https:\/\/www.usfunds.com\/resource\/growing-sustainable-futures-a-story-of-palm-oil-production\/)\n\n[View all](https:\/\/www.usfunds.com\/resource-listing\/)\n\n## About Us\n### [Our Story](https:\/\/www.usfunds.com\/about\/)\n![]()\n\nOur Story\n\nU.S. Global Investors, Inc. is an innovative investment manager with vast experience in global markets and specialized sectors.\n\n[Learn More](https:\/\/www.usfunds.com\/about\/)\n\n### [Our Team](https:\/\/www.usfunds.com\/about\/#team)\n![]()\n\nOur Team\n\nMeet the leadership team and investment managers that bring unique knowledge and experience from a variety of fields.\n\n[Learn More](https:\/\/www.usfunds.com\/about\/#team)\n\n### [Our Investment Process](https:\/\/www.usfunds.com\/about\/#process)\n![invest-with-us]()\n\nOur Investment Process\n\nHere at U.S. Global Investors, we strive to serve our clients to the best of our abilities by using explicit and tacit knowledge to detect and account for trends and patterns not only in the domestic markets, but also globally.\n\n[Learn More](https:\/\/www.usfunds.com\/about\/#process)\n\n### [Contact Us](https:\/\/www.usfunds.com\/contact-us\/)\n![]()\n\nContact Us\n\nYour questions and feedback are important to us – we look forward to hearing from you. Contact a service representative to start your investing journey today.\n\n[Learn More](https:\/\/www.usfunds.com\/contact-us\/)\n\n### [FAQs](https:\/\/www.usfunds.com\/invest-with-us\/faqs\/)\n![]()\n\nFAQs\n\nFor additional insights about U.S. Global Investors, the products that we offer, or details about your account, visit our frequently asked questions.\n\n[Learn More](https:\/\/www.usfunds.com\/invest-with-us\/faqs\/)\n\n### [Prospectus](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/)\n![Prospectus]()\n\nProspectus\n\nGet the need-to-know information about our financial products, from investment objectives, strategies, and performance to fees and fund management.\n\n[Learn More](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/)\n\n### [Career Opportunities](https:\/\/www.usfunds.com\/career-opportunities\/)\n![]()\n\nCareer Opportunities\n\nFascinated by the field of finance and investing? Want to join the team? Explore our open positions here.\n\n[Learn More](https:\/\/www.usfunds.com\/career-opportunities\/)\n\n### [Policies & Procedures](https:\/\/www.usfunds.com\/about\/#policies)\n![]()\n\nPolicies & Procedures\n\nHere are our policies and procedures, including guidelines, charters, and codes of business.\n\n[Learn More](https:\/\/www.usfunds.com\/about\/#policies)\n\n- Our Funds\n  - [ETFs](https:\/\/www.usglobaletfs.com\/ \"ETFs\")\n  - [Prospectus](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/ \"Prospectus\")\n  - [Mutual Fund Performance](https:\/\/www.usfunds.com\/funds \"Mutual Fund Performance\")\n  - [Gold and Precious Metals Fund (USERX)](https:\/\/www.usfunds.com\/fund\/gold-and-precious-metals-fund\/ \"Gold and Precious Metals Fund (USERX)\")\n  - [World Precious Minerals Fund (UNWPX)](https:\/\/www.usfunds.com\/fund\/world-precious-minerals-fund\/ \"World Precious Minerals Fund (UNWPX)\")\n  - [Global Resources Fund (PSPFX)](https:\/\/www.usfunds.com\/fund\/global-resources-fund\/ \"Global Resources Fund (PSPFX)\")\n  - [Global Luxury Goods Fund (USLUX)](https:\/\/www.usfunds.com\/fund\/global-luxury-goods-fund\/ \"Global Luxury Goods Fund (USLUX)\")\n  - [Near-Term Tax Free Fund (NEARX)](https:\/\/www.usfunds.com\/fund\/near-term-tax-free-fund\/ \"Near-Term Tax Free Fund (NEARX)\")\n  - [U.S. Government Securities Ultra-Short Bond Fund (UGSDX)](https:\/\/www.usfunds.com\/fund\/u-s-government-securities-ultra-short-bond-fund\/ \"U.S. Government Securities Ultra-Short Bond Fund (UGSDX)\")\n- Resources\n  - [Frank Talk](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=frank-talk \"Frank Talk\")\n  - [Investor Alert](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=investor-alert \"Investor Alert\")\n  - [Press Releases](https:\/\/www.usfunds.com\/resource-listing\/?resource-type=press-release \"Press Releases\")\n  - [Interactive Research](https:\/\/www.usfunds.com\/resource-listing\/interactive-research\/ \"Interactive Research\")\n- [How to Invest](https:\/\/www.usfunds.com\/invest-with-us\/ \"How to Invest\")\n- About Us\n  - [Our Story](https:\/\/www.usfunds.com\/about\/ \"Our Story\")\n  - [Our Team](https:\/\/www.usfunds.com\/about\/#team \"Our Team\")\n  - [Our Investment Process](https:\/\/www.usfunds.com\/about\/#process \"Our Investment Process\")\n  - [Contact Us](https:\/\/www.usfunds.com\/contact-us\/ \"Contact Us\")\n  - [FAQs](https:\/\/www.usfunds.com\/invest-with-us\/faqs\/ \"FAQs\")\n  - [Prospectus](https:\/\/www.usfunds.com\/invest-with-us\/prospectus\/ \"Prospectus\")\n  - [Career Opportunities](https:\/\/www.usfunds.com\/career-opportunities\/ \"Career Opportunities \")\n  - [Policies & Procedures](https:\/\/www.usfunds.com\/about\/#policies \"Policies & Procedures\")\n- [Blog Español](https:\/\/usglobales.com\/ \"Blog Español\")\n\n[My Account](https:\/\/usfunds.olaccess2.com\/logon\/#\/logon)\n\n[Investor Relations](https:\/\/www.usfunds.com\/GROW\/)\n\n- [![Linkedin]()](https:\/\/www.linkedin.com\/company\/u-s-global-investors)\n- [![Twitter]()](https:\/\/twitter.com\/USFunds)\n- [![Facebook]()](https:\/\/www.facebook.com\/USFunds\/)\n- [![Youtube]()](https:\/\/www.youtube.com\/user\/USFunds)\n- [![Instagram]()](https:\/\/www.instagram.com\/usglobal\/)\n\n![](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/tesla-buys-bitcoin-header-02092021.png)\n\n# Tesla Just Bought \\$1.5 Billion Worth of Bitcoin. Is Apple Next?\nAuthor: Frank Holmes\n\nDate Posted: February 9, 2021   Read time: 7 min\n\nTesla announced in a public filing Monday that it bought \\$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in \"alternative reserve assets,\" including not just cryptocurrencies but also gold bullion and gold ETFs.\n\nShare\n\n![tesla bought bitcoin](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/tesla-buys-bitcoin-header-02092021.png)\n\nTesla announced in a public filing Monday that it bought \\$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs.\n\nThe company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though.\n\nTesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation.\n\nBoth Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S\\&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by [institutional investor demand.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/institutional-investors-are-piling-into-bitcoin) As I write this Tuesday morning, its price has blasted past \\$48,000.\n\n[![bitcoin and tesla stock have traded higher over the post year through February 2021](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/bitcoin-and-tesla-stock-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/bitcoin-and-tesla-stock-02092021-LG.png)\n\nTesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it [unveiled Bitcoin futures.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/this-week-in-bitcoin-the-irs-targets-coinbase-venezuela-to-mint-its-own-cryptocurrency) Today, the second largest coin after Bitcoin soared past \\$1,800 for the first time ever.\n\n[![ethereum has tripled since CME futures announced](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/price-of-ether-nearly-tripled-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/price-of-ether-nearly-tripled-02092021-LG.png)\n\n### Bitcoin Has Hit the Big Leagues\nI believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well.\n\nGoogle searches for “invest in crypto,” in fact, have recently hit a new all-time high.\n\n[![google searches for invest in crypto hit an all time high in february 2021](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/google-searches-for-crypto-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/google-searches-for-crypto-02092021-LG.png)\n\nFor years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.”\n\nFamed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat.\n\n(Miller later one-upped Buffett again, after the Oracle of Omaha [dumped airline stocks near the start of the pandemic.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/why-buffett-was-wrong-to-dump-airlines) The former chief investment officer at Legg Mason said in May that if you don’t own airlines, [“you’re making a bet against the vaccine.”](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/things-are-looking-up-for-commercial-airlines) Six months following Miller’s comment, Pfizer and Moderna both announced they had [developed effective vaccines against the virus.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/pfizer-and-moderna-give-investors-a-shot-of-hope))\n\nPutting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The \\$2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust.\n\n### Tesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin\nSo who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit.\n\nOne analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a [more trustworthy and readily available means to trade cryptos.](https:\/\/www.bloomberg.com\/news\/articles\/2021-02-08\/apple-bull-suggests-creating-crypto-exchange-and-buying-bitcoin?sref=1pPyLRr7)\n\nFurther, Apple should consider buying Bitcoin outright—perhaps as much as \\$5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes.\n\nTo elaborate, if Apple “purchased \\$5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the \\[hypothetical crypto exchange\\] in the first place.”\n\nSteves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).”\n\nA 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S\\&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16.\n\n### HIVE Blockchain Most Liquid Tech Stock in Canada\nBesides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through [HIVE Blockchain Technologies](https:\/\/hiveblockchain.com\/) (TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether.\n\nBecause HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments.\n\nI’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year.\n\n***Considering Ether?*** [***Click here***](https:\/\/www.youtube.com\/watch?v=OXXO5zQOnUw&t=107s) ***to watch my latest video on five reasons why now might be the time to invest.***\n\nSome links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.\n\nThe S\\&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies.\n\nThe OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year.\n\nStandard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.\n\nMr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken.\n\nHoldings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12\/31\/2020): Tesla Inc., Apple Inc.\n\n## Latest Resources\n[View All](https:\/\/www.usfunds.com\/resource-listing\/)\n\n[![The Rise of Autonomous Warfare Is Creating a New Defense Supercycle](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/COMM-rise-of-autonomous-warfare-04102026.png)](https:\/\/www.usfunds.com\/resource\/the-rise-of-autonomous-warfare-is-creating-a-new-defense-supercycle\/)\n\nApril 10, 2026\n\n### [The Rise of Autonomous Warfare Is Creating a New Defense Supercycle](https:\/\/www.usfunds.com\/resource\/the-rise-of-autonomous-warfare-is-creating-a-new-defense-supercycle\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/the-rise-of-autonomous-warfare-is-creating-a-new-defense-supercycle\/ \"The Rise of Autonomous Warfare Is Creating a New Defense Supercycle\")\n\n[![Why U.S. Airlines Are Better Positioned for This Oil Shock Than the Market Believes](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/airlines-better-positioned-04062026.png)](https:\/\/www.usfunds.com\/resource\/why-u-s-airlines-are-better-positioned-for-this-oil-shock-than-the-market-believes\/)\n\nApril 6, 2026\n\n### [Why U.S. Airlines Are Better Positioned for This Oil Shock Than the Market Believes](https:\/\/www.usfunds.com\/resource\/why-u-s-airlines-are-better-positioned-for-this-oil-shock-than-the-market-believes\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/why-u-s-airlines-are-better-positioned-for-this-oil-shock-than-the-market-believes\/ \"Why U.S. Airlines Are Better Positioned for This Oil Shock Than the Market Believes\")\n\n[![](https:\/\/www.usfunds.com\/app\/uploads\/2026\/04\/Jet-Fuel-Has-Doubled.-Heres-Why-Im-Still-Bullish-on-Airlines.png)](https:\/\/www.usfunds.com\/resource\/jet-fuel-has-doubled-heres-why-im-still-bullish-on-airlines\/)\n\nApril 2, 2026\n\n### [Jet Fuel Has Doubled. Here’s Why I’m Still Bullish on Airlines](https:\/\/www.usfunds.com\/resource\/jet-fuel-has-doubled-heres-why-im-still-bullish-on-airlines\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/jet-fuel-has-doubled-heres-why-im-still-bullish-on-airlines\/ \"Jet Fuel Has Doubled. Here’s Why I’m Still Bullish on Airlines\")\n\n[![](https:\/\/www.usfunds.com\/app\/uploads\/2021\/09\/iStock-472821788-1024x613.jpg)](https:\/\/www.usfunds.com\/resource\/understanding-first-quarter-fund-distributions\/)\n\nApril 2, 2026\n\n### [Understanding First-Quarter Fund Distributions](https:\/\/www.usfunds.com\/resource\/understanding-first-quarter-fund-distributions\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/understanding-first-quarter-fund-distributions\/ \"Understanding First-Quarter Fund Distributions\")\n\n[![Math Says Buy the Dip. The Jones Act Says Buy LNG](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/LNG-oil-tanker-03302026.png)](https:\/\/www.usfunds.com\/resource\/math-says-buy-the-dip-the-jones-act-says-buy-lng\/)\n\nMarch 30, 2026\n\n### [Math Says Buy the Dip. The Jones Act Says Buy LNG](https:\/\/www.usfunds.com\/resource\/math-says-buy-the-dip-the-jones-act-says-buy-lng\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/math-says-buy-the-dip-the-jones-act-says-buy-lng\/ \"Math Says Buy the Dip. The Jones Act Says Buy LNG\")\n\n[![Why the Jones Act Waiver Could Be the Most Important Energy Story of 2026](https:\/\/www.usfunds.com\/app\/uploads\/2026\/03\/COMM-jones-act-waiver-03272026.png)](https:\/\/www.usfunds.com\/resource\/why-the-jones-act-waiver-could-be-the-most-important-energy-story-of-2026\/)\n\nMarch 27, 2026\n\n### [Why the Jones Act Waiver Could Be the Most Important Energy Story of 2026](https:\/\/www.usfunds.com\/resource\/why-the-jones-act-waiver-could-be-the-most-important-energy-story-of-2026\/)\n[Learn More](https:\/\/www.usfunds.com\/resource\/why-the-jones-act-waiver-could-be-the-most-important-energy-story-of-2026\/ \"Why the Jones Act Waiver Could Be the Most Important Energy Story of 2026\")\n\n[View All](https:\/\/www.usfunds.com\/resource-listing\/)\n\n![USFunds]()\n\nNEWSLETTER\n\nPlease consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a fund prospectus by visiting our prospectus page or by calling 1-800-US-FUNDS (1-800-873-8637). Read it carefully before investing. Foreside Fund Services, LLC, Distributor. U.S. Global Investors is the investment adviser.\n\n[Read additional important information. +]()\n\n**Bond funds** are subject to interest-rate risk; their value declines as interest rates rise. **Tax-exempt income** is federal income tax free. A portion of this income may be subject to state and local income taxes, and if applicable, may subject certain investors to the Alternative Minimum Tax as well. **The Near-Term Tax Free Fund** may invest up to 20% of its assets in securities that pay taxable interest. Income or fund distributions attributable to capital gains are usually subject to both state and federal income taxes. The tax free funds may be exposed to risks related to a concentration of investments in a particular state or geographic area. 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All Rights Reserved.","attrs_readable_markdown":"![tesla bought bitcoin](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/tesla-buys-bitcoin-header-02092021.png)\n\nTesla announced in a public filing Monday that it bought \\$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs.\n\nThe company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though.\n\nTesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation.\n\nBoth Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S\\&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by [institutional investor demand.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/institutional-investors-are-piling-into-bitcoin) As I write this Tuesday morning, its price has blasted past \\$48,000.\n\n[![bitcoin and tesla stock have traded higher over the post year through February 2021](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/bitcoin-and-tesla-stock-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/bitcoin-and-tesla-stock-02092021-LG.png)\n\nTesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it [unveiled Bitcoin futures.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/this-week-in-bitcoin-the-irs-targets-coinbase-venezuela-to-mint-its-own-cryptocurrency) Today, the second largest coin after Bitcoin soared past \\$1,800 for the first time ever.\n\n[![ethereum has tripled since CME futures announced](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/price-of-ether-nearly-tripled-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/price-of-ether-nearly-tripled-02092021-LG.png)\n\n### Bitcoin Has Hit the Big Leagues\nI believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well.\n\nGoogle searches for “invest in crypto,” in fact, have recently hit a new all-time high.\n\n[![google searches for invest in crypto hit an all time high in february 2021](https:\/\/www.usfunds.com\/app\/uploads\/2021\/08\/google-searches-for-crypto-02092021.png) click to enlarge](https:\/\/www.usfunds.com\/media\/images\/frank-talk-images\/2021_ft\/JAN-JUN\/google-searches-for-crypto-02092021-LG.png)\n\nFor years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.”\n\nFamed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat.\n\n(Miller later one-upped Buffett again, after the Oracle of Omaha [dumped airline stocks near the start of the pandemic.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/why-buffett-was-wrong-to-dump-airlines) The former chief investment officer at Legg Mason said in May that if you don’t own airlines, [“you’re making a bet against the vaccine.”](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/things-are-looking-up-for-commercial-airlines) Six months following Miller’s comment, Pfizer and Moderna both announced they had [developed effective vaccines against the virus.](https:\/\/www.usfunds.com\/investor-library\/frank-talk-a-ceo-blog-by-frank-holmes\/pfizer-and-moderna-give-investors-a-shot-of-hope))\n\nPutting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The \\$2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust.\n\n### Tesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin\nSo who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit.\n\nOne analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a [more trustworthy and readily available means to trade cryptos.](https:\/\/www.bloomberg.com\/news\/articles\/2021-02-08\/apple-bull-suggests-creating-crypto-exchange-and-buying-bitcoin?sref=1pPyLRr7)\n\nFurther, Apple should consider buying Bitcoin outright—perhaps as much as \\$5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes.\n\nTo elaborate, if Apple “purchased \\$5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the \\[hypothetical crypto exchange\\] in the first place.”\n\nSteves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).”\n\nA 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S\\&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16.\n\n### HIVE Blockchain Most Liquid Tech Stock in Canada\nBesides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through [HIVE Blockchain Technologies](https:\/\/hiveblockchain.com\/) (TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether.\n\nBecause HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments.\n\nI’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year.\n\n***Considering Ether?*** [***Click here***](https:\/\/www.youtube.com\/watch?v=OXXO5zQOnUw&t=107s) ***to watch my latest video on five reasons why now might be the time to invest.***\n\nSome links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor.\n\nThe S\\&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies.\n\nThe OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year.\n\nStandard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility.\n\nMr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken.\n\nHoldings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12\/31\/2020): Tesla Inc., Apple Inc.","meta_canonical":null}

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Meta Title	Tesla Just Bought $1.5 Billion Worth of Bitcoin. Is Apple Next? - USFunds
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Boilerpipe Text	Tesla announced in a public filing Monday that it bought $1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs. The company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though. Tesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation. Both Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by institutional investor demand. As I write this Tuesday morning, its price has blasted past $48,000. click to enlarge Tesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it unveiled Bitcoin futures. Today, the second largest coin after Bitcoin soared past $1,800 for the first time ever. click to enlarge Bitcoin Has Hit the Big Leagues I believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well. Google searches for “invest in crypto,” in fact, have recently hit a new all-time high. click to enlarge For years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.” Famed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat. (Miller later one-upped Buffett again, after the Oracle of Omaha dumped airline stocks near the start of the pandemic. The former chief investment officer at Legg Mason said in May that if you don’t own airlines, “you’re making a bet against the vaccine.” Six months following Miller’s comment, Pfizer and Moderna both announced they had developed effective vaccines against the virus. ) Putting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The $2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust. Tesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin So who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit. One analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a more trustworthy and readily available means to trade cryptos. Further, Apple should consider buying Bitcoin outright—perhaps as much as $5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes. To elaborate, if Apple “purchased $5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the [hypothetical crypto exchange] in the first place.” Steves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).” A 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16. HIVE Blockchain Most Liquid Tech Stock in Canada Besides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through HIVE Blockchain Technologies (TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether. Because HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments. I’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year. Considering Ether? Click here to watch my latest video on five reasons why now might be the time to invest. Some links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. The S&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year. Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility. Mr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12/31/2020): Tesla Inc., Apple Inc.
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Is Apple Next? Author: Frank Holmes Date Posted: February 9, 2021 Read time: 7 min Tesla announced in a public filing Monday that it bought \$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in "alternative reserve assets," including not just cryptocurrencies but also gold bullion and gold ETFs. Share ![tesla bought bitcoin](https://www.usfunds.com/app/uploads/2021/08/tesla-buys-bitcoin-header-02092021.png) Tesla announced in a public filing Monday that it bought \$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs. The company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though. Tesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation. Both Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S\&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by [institutional investor demand.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/institutional-investors-are-piling-into-bitcoin) As I write this Tuesday morning, its price has blasted past \$48,000. [![bitcoin and tesla stock have traded higher over the post year through February 2021](https://www.usfunds.com/app/uploads/2021/08/bitcoin-and-tesla-stock-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/bitcoin-and-tesla-stock-02092021-LG.png) Tesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it [unveiled Bitcoin futures.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/this-week-in-bitcoin-the-irs-targets-coinbase-venezuela-to-mint-its-own-cryptocurrency) Today, the second largest coin after Bitcoin soared past \$1,800 for the first time ever. [![ethereum has tripled since CME futures announced](https://www.usfunds.com/app/uploads/2021/08/price-of-ether-nearly-tripled-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/price-of-ether-nearly-tripled-02092021-LG.png) ### Bitcoin Has Hit the Big Leagues I believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well. Google searches for “invest in crypto,” in fact, have recently hit a new all-time high. [![google searches for invest in crypto hit an all time high in february 2021](https://www.usfunds.com/app/uploads/2021/08/google-searches-for-crypto-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/google-searches-for-crypto-02092021-LG.png) For years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.” Famed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat. (Miller later one-upped Buffett again, after the Oracle of Omaha [dumped airline stocks near the start of the pandemic.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/why-buffett-was-wrong-to-dump-airlines) The former chief investment officer at Legg Mason said in May that if you don’t own airlines, [“you’re making a bet against the vaccine.”](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/things-are-looking-up-for-commercial-airlines) Six months following Miller’s comment, Pfizer and Moderna both announced they had [developed effective vaccines against the virus.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/pfizer-and-moderna-give-investors-a-shot-of-hope)) Putting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The \$2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust. ### Tesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin So who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit. One analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a [more trustworthy and readily available means to trade cryptos.](https://www.bloomberg.com/news/articles/2021-02-08/apple-bull-suggests-creating-crypto-exchange-and-buying-bitcoin?sref=1pPyLRr7) Further, Apple should consider buying Bitcoin outright—perhaps as much as \$5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes. To elaborate, if Apple “purchased \$5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the \[hypothetical crypto exchange\] in the first place.” Steves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).” A 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S\&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16. ### HIVE Blockchain Most Liquid Tech Stock in Canada Besides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through [HIVE Blockchain Technologies](https://hiveblockchain.com/) (TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether. Because HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments. I’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year. *Considering Ether?* [*Click here](https://www.youtube.com/watch?v=OXXO5zQOnUw&t=107s) to watch my latest video on five reasons why now might be the time to invest.* Some links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. The S\&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year. Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility. Mr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. Holdings may change daily. Holdings are reported as of the most recent quarter-end. 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Readable Markdown	![tesla bought bitcoin](https://www.usfunds.com/app/uploads/2021/08/tesla-buys-bitcoin-header-02092021.png) Tesla announced in a public filing Monday that it bought \$1.5 billion worth of Bitcoin as part of a corporate policy that allows the electric vehicle (EV) maker to invest in “alternative reserve assets,” including not just cryptocurrencies but also gold bullion and gold ETFs. The company added that it intends to start accepting Bitcoin as a form of payment. No word on gold or other precious metals, though. Tesla’s move into Bitcoin makes a perfect kind of sense. CEO Elon Musk, briefly the world’s wealthiest person before falling back to number two, has long been a fan of the crypto, which, like his company, represents a potential seismic shift in how we conduct our personal finances and power our transportation. Both Tesla and Bitcoin had a killer 2020. Shares of the carmaker rose 743%, making it the year’s best S\&P 500 stock. Bitcoin, meanwhile, increased more than 300%, fueled by [institutional investor demand.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/institutional-investors-are-piling-into-bitcoin) As I write this Tuesday morning, its price has blasted past \$48,000. [![bitcoin and tesla stock have traded higher over the post year through February 2021](https://www.usfunds.com/app/uploads/2021/08/bitcoin-and-tesla-stock-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/bitcoin-and-tesla-stock-02092021-LG.png) Tesla wasn’t the only major crypto news on Monday. The Chicago Mercantile Exchange (CME) launched its long-awaited futures contracts for Ether, the native digital currency of the Ethereum network. The move comes a little more than three years after it [unveiled Bitcoin futures.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/this-week-in-bitcoin-the-irs-targets-coinbase-venezuela-to-mint-its-own-cryptocurrency) Today, the second largest coin after Bitcoin soared past \$1,800 for the first time ever. [![ethereum has tripled since CME futures announced](https://www.usfunds.com/app/uploads/2021/08/price-of-ether-nearly-tripled-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/price-of-ether-nearly-tripled-02092021-LG.png) ### Bitcoin Has Hit the Big Leagues I believe both headline events—Tesla’s decision to buy Bitcoin and the CME’s decision to offer a new way to trade Ether—help underscore the growing acceptance of digital assets as more than just speculations but currencies and investments as well. Google searches for “invest in crypto,” in fact, have recently hit a new all-time high. [![google searches for invest in crypto hit an all time high in february 2021](https://www.usfunds.com/app/uploads/2021/08/google-searches-for-crypto-02092021.png) click to enlarge](https://www.usfunds.com/media/images/frank-talk-images/2021_ft/JAN-JUN/google-searches-for-crypto-02092021-LG.png) For years now, skeptics have been comparing Bitcoin’s rise to the tulip bulb mania of 17th-century Holland. A couple of years ago, Warren Buffett called the cryptocurrency “rat poison.” Famed investor Bill Miller, a noted Bitcoin proponent, countered Buffett’s criticism, saying accurately that if Bitcoin is rat poison, then cash is the rat. (Miller later one-upped Buffett again, after the Oracle of Omaha [dumped airline stocks near the start of the pandemic.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/why-buffett-was-wrong-to-dump-airlines) The former chief investment officer at Legg Mason said in May that if you don’t own airlines, [“you’re making a bet against the vaccine.”](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/things-are-looking-up-for-commercial-airlines) Six months following Miller’s comment, Pfizer and Moderna both announced they had [developed effective vaccines against the virus.](https://www.usfunds.com/investor-library/frank-talk-a-ceo-blog-by-frank-holmes/pfizer-and-moderna-give-investors-a-shot-of-hope)) Putting his money where his mouth is, Miller this week authorized his flagship fund to begin participating in the world’s largest cryptocurrency. The \$2.7 billion Miller Opportunity Trust now has the right to invest in the Grayscale Bitcoin Trust. ### Tesla “Broke the Seal,” Apple Now Urged to Bite into Bitcoin So who will be the next big firm or investor to announce their foray into crypto? I’ve been seeing some chatter in recent days that Apple could be chomping at the bit. One analyst at the Royal Bank of Canada (RBC) made such an argument this week. In a piece published Monday, analyst Mitch Steves said he believes it would be a no-brainer for the iPhone maker to develop its Apple Wallet into a Coinbase-like “Apple Exchange,” giving users a [more trustworthy and readily available means to trade cryptos.](https://www.bloomberg.com/news/articles/2021-02-08/apple-bull-suggests-creating-crypto-exchange-and-buying-bitcoin?sref=1pPyLRr7) Further, Apple should consider buying Bitcoin outright—perhaps as much as \$5 billion—which would “send even more users to ‘Apple Exchange,’” Steves writes. To elaborate, if Apple “purchased \$5B of Bitcoin (20-25 days of cash flow), the price of the underlying asset would need to rise by 10% for the firm to fully fund the \[hypothetical crypto exchange\] in the first place.” Steves adds: “This is a solid value proposition in our view as the business would be funded without diluting any other projects at the firm (iPhone, potential cars, etc.).” A 10% increase in Bitcoin would be a non-event. As many of you know, cryptos remain highly volatile. While both the S\&P 500 and gold bullion have a 10-day standard deviation of ±3%, Bitcoin has one as great as ±16. ### HIVE Blockchain Most Liquid Tech Stock in Canada Besides the Grayscale Bitcoin Trust, a favored way to get access to cryptos without owning them outright is through [HIVE Blockchain Technologies](https://hiveblockchain.com/) (TSX.V:HIVE) (OTCQX:HVBTF). HIVE is not only the world’s first publicly traded crypto-mining firm but it’s also the only one currently mining both Bitcoin and Ether. Because HIVE uses only green, renewable energy to mine its coins, the stock appeals to ESG investors. ESG stands for Environmental, Social and Governance, a set of criteria an increasing number of today’s investors use to screen for potential investments. I’m very pleased with HIVE’s trading volume. In 2020, HIVE traded more than 1.7 billion shares in Canada alone, making it the year’s most liquid stock on the TSX Venture Exchange and Canadian Alternative Trading Systems (ATS). And in the U.S., HIVE ranked number four for liquidity on the 2021 OTCQX Best 50, a ranking of top performing companies on the OTCQX Best Market based on 2020 total return and average daily dollar volume growth. HIVE soared close to 2,300% during the year. *Considering Ether?* [*Click here](https://www.youtube.com/watch?v=OXXO5zQOnUw&t=107s) to watch my latest video on five reasons why now might be the time to invest.* Some links above may be directed to third-party websites. U.S. Global Investors does not endorse all information supplied by these websites and is not responsible for their content. All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. The S\&P 500 Index is a market-capitalization-weighted index of the 500 largest U.S. publicly traded companies. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total return and average daily dollar volume growth. Companies in the 2021 OTCQX Best 50 were ranked based on their performance during the 2020 calendar year. Standard deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is also known as historical volatility. Mr. Holmes serves on the board as non-executive chairman of HIVE and held shares and options at December 31, 2020. Effective August 31, 2018, Mr. Holmes was named Interim Executive Chairman of HIVE while a search for a new CEO is undertaken. Holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the article were held by one or more accounts managed by U.S. Global Investors as of (12/31/2020): Tesla Inc., Apple Inc.
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