Loading...
Market
Will Tesla sell all its Bitcoin holdings by the end of 2024?
5
Resolution / Starting Odds
Yes • 50%
No • 50%
Public financial disclosures or statements from Tesla
Story
Tesla Moves Entire 11,510 BTC Holdings Worth $760 Million to Unknown Wallets After Two-Year Dormancy
Oct 15, 2024, 09:45 PM
Tesla Inc. has moved a total of approximately 11,510 BTC, worth around $760 million, marking the first transfer of its Bitcoin holdings in over two years. The electric vehicle manufacturer initiated an initial transfer of $225 million worth of Bitcoin, followed by subsequent transfers of $275 million and $260 million, according to blockchain analysis firm Arkham Intelligence. The transactions occurred between 4:41 and 5:34 UTC+8 on October 15, 2024, and involved moving the cryptocurrency to multiple unknown wallets. It is unclear whether Tesla intends to sell the Bitcoin or if the movement is a routine transfer. Tesla's CEO, Elon Musk, has not commented on the transactions.
View original story
Similar markets
Increased • 25%
Decreased • 25%
Unchanged • 25%
Other • 25%
Less than $1 billion • 25%
$1 billion to $1.5 billion • 25%
$1.5 billion to $2 billion • 25%
More than $2 billion • 25%
Increase by over 20% • 25%
Decrease by over 20% • 25%
Increase by up to 20% • 25%
Decrease by up to 20% • 25%
