Tesla has already bought bitcoin, is Apple next?

on Tuesday updated all-time highs near $48 300 on speculation that more and more companies will consider the first cryptocurrency as an investment.

Experts are calling on the high-tech giant to follow Musk's example.

"Tesla's $1.5 billion bitcoin purchase was a trigger for speculators and investors. We see an increase in business use of BTC, which could be a new wave of acceptance of bitcoin as a means of payment," notes FxPro's analyst team.

Experts estimate that Tesla has invested about 15% of its cash reserves in bitcoin. The next big investor in bitcoin could be Apple, according to the bank RBC Capital Markets.

Apple could create a market of impressive size if it integrated the Apple Wallet with a cryptocurrency exchange, writes ttrcoin.

"The wallet initiative seems like an obvious multi-billion dollar opportunity for a firm with the potential for substantially more than $40 billion in annual revenue with limited research and development costs," the bank noted.

Companies such as Square, PayPal and Coinbase have already tested the exchange model as a real line of business, and Apple will immediately grab market share if it decides to do so.

In this case, if Apple buys bitcoins for $ 5 billion, that is, 20-25 days of its cash flow, the rate of BTC will increase by 10%, which will allow the company at the expense of the potential profit to fully recoup the project.

Apple's entry into the cryptocurrency trading market is just a matter of time, according to RBC, because competitors have already announced similar projects.

Bitcoin could rise to $100,000 by the end of 2021 if other companies follow the example of electric car maker Tesla, believes Mike Novogratz, founder of cryptocurrency bank Galaxy Digital.

Meanwhile, a former Goldman Sachs top executive shut down Tesla stock purchases after its bitcoin investment. TSLA has always been a high-risk investment, but the $1.5 billion bitcoin purchase makes it even riskier, he said.

If more and more companies, like Tesla, see bitcoin as both money and investment, it could spark a self-sustaining spiral of BTC growth for months to come.