Tesla Moves $760M in Bitcoin to Unknown Wallets

• Elon Musk’s Tesla is reportedly transferring its remaining Bitcoin holdings, valued at $760 million, to unidentified wallets.

• Blockchain data reveals that wallets associated with the electric vehicle manufacturer have been emptied.

• Tesla originally purchased $1.5 billion in Bitcoin in February 2021, but has since sold most of its assets.

• As of March 2023, when Arkham Intelligence began tracking Tesla’s Bitcoin wallets, the company still held 11,509 BTC, worth approximately $770 million.

• Musk had previously stated that Tesla would accept Bitcoin as a payment method, but these plans were canceled due to environmental concerns.

What are your thoughts on Tesla’s latest move with their Bitcoin holdings? Do you think this signals a potential market shift, or is it simply a strategic decision? Let me know in the comments!

$BTC BTC #TrumpDeFi