Tesla moves entire $765M Bitcoin stash

2 months ago
51

Electric vehicle maker Tesla transferred its entire Bitcoin stash worth more than $765 million to several unknown wallets.

Crypto wallets labeled as owned by Tesla moved the company’s 11,500 Bitcoin
on Oct. 15 across 26 transactions, including test transfers, according to data from Arkham Intelligence.

The first test transfer was made on Oct. 15 at 8:41 pm UTC, and the wallet currently holds just $6.68 worth of Bitcoin.

Also remember guys, this is not financial advice and I am not a financial advisor. This is just me expressing my opinion.

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