According to PANews, crypto data analysis platform Arkham has identified the Bitcoin addresses held by Tesla and SpaceX on the X platform. Arkham believes that Tesla currently holds 11,510 Bitcoins (approximately $7.8 billion) across 68 addresses, while SpaceX holds 8,290 Bitcoins (approximately $5.6 billion) across 28 addresses.
Arkham stated that the on-chain fund flows they identified are consistent with Tesla and SpaceX's financial statements. Tesla purchased $1.5 billion worth of BTC in January 2021 and sold BTC twice: $272 million worth of Bitcoin in the first quarter of 2021 and $936 million worth of Bitcoin in the second quarter of 2022. Tesla allowed customers to purchase Tesla cars with Bitcoin between March 24 and May 12, 2021.
