Tesla Moves Bitcoin Worth $765M to New Wallets

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Before the mass transfer, Tesla’s Bitcoin wallet had remained dormant since June 2022.

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.


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