Tesla Moves Nearly $776 Million Worth of Bitcoin to New Wallets, But Continues to Hold Stash
Last week, Tesla moved its Bitcoin holdings worth $776 million to new wallets, causing some market fluctuations. However, the company still owns the BTC and it remains unsold. The Bitcoin has been distributed into multiple wallets, with the largest holding between $121 million and $142 million. On-chain intelligence Arkham confirmed that Tesla continues to hold its Bitcoin stash and the recent wallet transfer did not indicate any plans for liquidation.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Banking the unbanked, but this time for real?
Ripple and SEC made a $50 million deal
Altcoins Gear Up for Profitable Rally
Altcoin holders could be in for major gains as market sentiment turns bullish.Altcoin Holders Anticipate Major GainsWhat’s Fueling the Altcoin Rally?Time to Watch the Altcoin Market Closely
Best Cryptos to Buy Now: Why Qubetics, Cardano, and Toncoin Are Dominating 2025’s Blockchain Revolution
Explore why Qubetics, Cardano, and Toncoin are the best cryptos to buy now in 2025, with groundbreaking innovations and real-world applications.Qubetics ($TICS): Bridging Real-World Assets with BlockchainCardano (ADA): Pioneering Sustainable Blockchain SolutionsToncoin (TON): Revolutionizing Digital InteractionsUnderstanding Real World Asset TokenizationConclusion
Trending news
MoreCrypto prices
More
