Breaking News: Elon Musk's Crypto Holdings Revealed!🤯💥📈

In a significant revelation, Arkham Intelligence has unveiled Tesla's substantial crypto holdings, showing Elon Musk's firm holding 11,509 Bitcoins across 68 wallet addresses, valued at an impressive $780 million. Despite market fluctuations, Tesla maintains a resilient stance, securing 9,720 BTC for six consecutive quarters, demonstrating remarkable crypto resilience.

Flashback to 2021: Tesla made waves in the crypto world by investing $1.5 billion in Bitcoin and introducing BTC as a payment option. By 2022, the company had sold $936 million worth of BTC, ending with $218 million, resulting in a net loss of $140 million. A rollercoaster journey indeed.

Fast forward to 2024: If Arkham's Intel holds true, Tesla acquired an additional 1,789 BTC, boosting Elon's total Bitcoin stash to 19,794 BTC, valued at over $1.3 billion.

Ranking in the crypto stock race, Tesla now holds the bronze medal as the third-largest publicly traded company holding crypto assets, trailing behind MicroStrategy and Marathon Digital Holdings. Elon Musk stands as the second-largest individual BTC holder, sharing the podium with MicroStrategy CEO Michael Saylor.

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Disclaimer:

Cryptocurrencies are volatile; invest wisely. This post is for entertainment and informational purposes only.