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Tesla transfers all $765 million in Bitcoin to unknown wallet
Prior to the mass transfer, Tesla’s Bitcoin wallet had been dormant since June 2022, Cointelegraph reported.
Electric car maker Tesla has moved all of its Bitcoin holdings of more than $765 million to multiple unknown wallets.
According to Arkham Intelligence, a crypto wallet marked as owned by Tesla moved 11,500 bitcoins held by the company on October 15 through 26 transactions, including a test transfer.
The first test transfer took place on October 15 at 8:41 PM UTC, and the wallet currently holds only $6.68 worth of Bitcoin.
Electric car maker Tesla has moved all of its Bitcoin holdings of more than $765 million to multiple unknown wallets.
According to Arkham Intelligence, a crypto wallet marked as owned by Tesla moved 11,500 bitcoins held by the company on October 15 through 26 transactions, including a test transfer.
The first test transfer took place on October 15 at 8:41 PM UTC, and the wallet currently holds only $6.68 worth of Bitcoin.
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568.62
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BTC
82,992
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