Corporate Bitcoin Shift: Tesla's Major Transfer Titelbild

Corporate Bitcoin Shift: Tesla's Major Transfer

Corporate Bitcoin Shift: Tesla's Major Transfer

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This transfer, which occurred on Tuesday, involved moving more than 11,500 Bitcoin. What's particularly intriguing is that Tesla's wallets now retain only about $6.65 worth of Bitcoin—essentially emptying their coffers. This move has sparked speculation about whether Tesla is planning to sell its Bitcoin. It's worth noting that Tesla is—or perhaps was—the fourth-largest holder of Bitcoin among publicly traded U.S. companies, trailing only behind software company MicroStrategy and Bitcoin mining firms MARA Holdings and Riot Platforms.

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