Tesla Moves $765M Bitcoin To Unknown Wallets, Raising Questions About Elon Musk’s Crypto Strategy
Electric vehicle giant Tesla has transferred Bitcoin holdings worth over $765 million to unknown wallets, sparking speculation about Elon Musk’s crypto strategy. The electric vehicle maker moved its entire stash of 11,500 BTC on Oct. 15 in 26 transactions, the first activity from its crypto wallet since June 2022, according to Arkham Intelligence.