Tesla Moves $765M in BTC to Various Wallets
Main page News, Bitcoin, Tesla

Electric vehicle manufacturer Tesla has moved its entire Bitcoin wallet, currently valued at more than $765 million, to other wallets in a series of 26 transactions.

According to data from Arkham Intelligence, the first transfer took place on October 15 at 8:41 pm UTC and the wallet currently holds a small amount of just $6.68 in Bitcoin.

This comes after the company's Bitcoin wallet had been dormant since June 17, 2022.

Despite the transfers, there is no evidence that the Bitcoins have been sent to cryptocurrency exchanges. Tesla has not publicly announced any plans to sell its crypto assets.

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