Monday June 29, 2026

Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation

Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation

by Kevin Helms October 23, 2024 1 min read

(Originally posted on : Bitcoin News )

Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle deliveries and a 52% surge in energy storage. […]

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