TLDR Crypto · MARKETS & BUSINESS

ELON MUSK'S TESLA JUST MOVED $765 MILLION IN BITCOIN TO UNKNOWN WALLETS

decrypt.co5 min read

Summary from the TLDR Crypto newsletter

After two years of inactivity, Tesla's Bitcoin holdings are on the move. Approximately $765 million BTC was moved to new unknown wallets. Tesla first bought $1.5 billion BTC in 2020 before selling 85% of its holdings by July 2022. There is no indication that Tesla plans to sell its remaining holdings.