{"id":40159,"date":"2024-10-25T06:04:05","date_gmt":"2024-10-25T06:04:05","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tesla-retains-772-5-million-in-bitcoin-across-seven-wallets-after-major-shuffle-reports-arkham\/"},"modified":"2024-10-25T06:04:05","modified_gmt":"2024-10-25T06:04:05","slug":"tesla-retains-772-5-million-in-bitcoin-across-seven-wallets-after-major-shuffle-reports-arkham","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tesla-retains-772-5-million-in-bitcoin-across-seven-wallets-after-major-shuffle-reports-arkham\/","title":{"rendered":"Tesla Retains $772.5 Million in Bitcoin Across Seven Wallets After Major Shuffle, Reports Arkham"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Tesla, one of the largest corporate holders of Bitcoin, appears to have retained its $772.5 million in Bitcoin (BTC), according to data from Arkham, a crypto deanonymizing platform. Last week, Arkham flagged unusual on-chain transactions involving Tesla\u2019s 11,509 BTC, marking the first movement of these assets in two years.<\/p>\n<p>Despite the activity, the analysis suggests that Tesla <a href=\"https:\/\/igaming.org\/crypto\/tesla-transfers-760-million-in-bitcoin-sparking-speculation-of-a-sale\/\">transferred<\/a> the BTC into newly created wallets rather than selling them off.<em> \u201cThe Bitcoin has been split between 7 wallets holding 1100 and 2200 BTC,<\/em>\u201d Arkham reports. These wallets underwent test transactions, and all but one hold round numbers of BTC.<\/p>\n<h2>Tesla\u2019s Wallets and Bitcoin Distribution<\/h2>\n<p>Tesla\u2019s Bitcoin is now distributed across several wallets, according to Arkham\u2019s data:<\/p>\n<ul>\n<li>1Fnhp: 2109.3 BTC ($142.2 million)<\/li>\n<li>1LERL: 1900 BTC ($128.1 million)<\/li>\n<li>1D6Vh: 1800 BTC ($121.3 million)<\/li>\n<li>16QZn: 1700 BTC ($114.6 million)<\/li>\n<li>1QC2z: 1600 BTC ($107.8 million)<\/li>\n<li>1Phab: 1300 BTC ($87.6 million)<\/li>\n<li>1MGM8: 1100 BTC ($74.1 million)<\/li>\n<\/ul>\n<p>Some in the crypto community speculate that Tesla may have transferred these holdings to a custodian, potentially to secure a loan against the BTC. However, no official statement from Tesla has been made regarding the reason for the move.<\/p>\n<p>Tesla made headlines in January 2021 when it purchased $1.5 billion in Bitcoin. Later that year, it sold off $272 million worth of BTC and then offloaded another $936 million in 2022. Even after these sales, Tesla remains the fourth-largest corporate holder of Bitcoin, as noted by BitcoinTreasuries.net.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>In 2021, Tesla briefly allowed customers to pay for their purchases using Bitcoin. However, the company soon paused this option, citing concerns about the environmental impact of Bitcoin mining. CEO Elon Musk stated that Tesla would consider resuming Bitcoin payments once the mining process became more environmentally sustainable.<\/p>\n<p>Tesla\u2019s continued interest in Bitcoin demonstrates its long-term belief in the asset, even as it navigates market changes and environmental considerations.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/tesla-retains-772-5-million-in-bitcoin-across-seven-wallets-after-major-shuffle-reports-arkham\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Tesla, one of the largest corporate holders of Bitcoin, appears to have retained its $772.5 million in Bitcoin (BTC), according to data from Arkham, a crypto deanonymizing platform. Last week, Arkham flagged unusual on-chain transactions involving Tesla\u2019s 11,509 BTC, marking the first movement of these assets [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":40160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40159"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=40159"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/40159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/40160"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=40159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=40159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=40159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}