đ„Tesla moves its bitcoins after 2 years đ
The electric vehicle manufacturer #Tesla of #ElonsMusk has transferred 11,509 BTC , worth a total of $ 770 million dollars , to several unknown wallets. This fact caused a lot of surprise in the crypto community.
According to the intelligence platform on Blockchain @Arkham Intelligence, Tesla moved $ 770 million dollars in #bitcoins to 7 new wallets. Before making these large movements to these new wallets, Tesla made some test transactions so as not to make any mistakes when transferring.
Currently, Tesla holds 11,509 BTC, making it the third publicly traded company with the most #Bitcoin! in the world. Another additional fact is that Space X, also owned by Elon Musk, holds around 8,285 BTC.
The reason why the company is moving its Bitcoins after 2 years of inactivity is unknown. Some suspect that it is preparing to sell, however, so far nothing is confirmed.
Tesla will present its third quarter financial results on October 23, so here you can find out if the company is holding its Bitcoins or has sold them.
Remember that when Tesla started selling its Bitcoins in the first quarter of 2021, the price of the asset reached a maximum price at that time.
Will Tesla sell its Bitcoins?
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