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Tesla moves entire $765 million in Bitcoin to several unknown wallets
short by Pragya Swastik / on 16 Oct 2024,Wednesday
Elon Musk-led Tesla moved almost its entire Bitcoin stash worth over $765 million to several unknown wallets, reports said. Crypto wallets labelled as owned by Tesla moved 11,500 Bitcoin across 26 transactions, including test transfers, Arkham Intelligence data showed. Before this, Tesla's Bitcoin wallet has been dormant since June 17, 2022. In early 2021, Tesla bought $1.5 billion in Bitcoin.
short by Pragya Swastik / 04:26 pm on 16 Oct
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