Tesla, the electric car maker led by Elon Musk, has transferred its entire Bitcoin (BTC) holdings to an unconfirmed wallet.
Cryptocurrency data company Arkham Intelligence
According to Bitcoin Intelligence, a cryptocurrency wallet listed as belonging to Tesla was stolen on the afternoon of the 15th (local time).
Through a total of 26 transfers, including a test transfer at 8:41am, the company moved most of its 11,500 Bitcoin to an unconfirmed wallet.
The 11,500 BTC transferred is worth $765 million, and Tesla's wallet currently holds $6.68 in Bitcoin.
Prior to this massive transfer, Tesla's Bitcoin wallet had been dormant since June 2022.
According to reports, there is no evidence that Bitcoin was moved to cryptocurrency exchanges.
Tesla has never publicly announced plans to liquidate its crypto assets. It is unclear whether Tesla still controls the 11,500 BTC.
It held the fourth-largest amount of Bitcoin among publicly listed companies, behind egy, Marathon Digital, and Riot Platforms.
2024/10/16 17:03 KST
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