From CoinMarketCap, October 16:
Tesla’s Bitcoin holdings are on the move after two years of inactivity. On Tuesday, wallets associated with Elon Musk’s electric car company transferred over 11,500 Bitcoin (approximately $765 million) to wallets whose ownership remains unknown, according to crypto data firm Arkham Intelligence. As a result, the Tesla wallets now hold just about $6.65 worth of BTC—essentially negligible.The new wallets do not appear to be linked to any crypto exchanges, so there’s no immediate indication that Tesla plans to sell the Bitcoin. While Musk’s companies, including Tesla and SpaceX, hold Bitcoin on their balance sheets, it’s unclear how much Musk personally believes in the cryptocurrency. In a July interview broadcast on YouTube, he stated that he thinks there is some merit in Bitcoin, and maybe some other crypto, but noted that his soft spot is for Dogecoin (DOGE).
Tesla is currently the fourth-largest holder of Bitcoin among publicly traded U.S. companies, following MicroStrategy and bitcoin mining firms Marathon Digital Holdings and Riot Platforms....
....MUCH MORE
Earlier at CoinDesk, October 15:
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
On-chain data shows wallets associated with Elon Musk's electric car company have been emptied.
