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First, read the case Week 1 What’s Next for Cryptocurrencies? (Financial Investment Analysis): Analyzing the Tesla–Bitcoin Investment: What’s Next for Cryptocurrencies?
Pdf. file with this case is posted in Content – Cases for Graded Discussions
Second, answer the following questions. In your initial response to the topic you have to answer all questions:
Do you think Tesla’s investment in Bitcoin will lead other companies to make similar investments in cryptocurrency?
What impact do you think the acceptance of banks such as JPMorgan will have on interest in Bitcoin?
How do you think these developments might affect the general perception of Bitcoin and other cryptocurrencies? What predictions would you make about their future?
Reflection – the students also should include a paragraph in the initial response in their own words, using finance terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.
Please also note that your answers should be written in your own words. Don’t use quotes from the case.