Tesla Quietly Transfers $765 Million In Bitcoin, Putting Musk's Cryptocurrency Strategy Under Intense Scrutiny Amid Market Concerns

2024-10-22 19

Elon Musk's ventures into cryptocurrency are raising eyebrows once again. Blockchain analytics firm Arkham Intelligence reported that Tesla recently moved about $765 million worth of Bitcoin to unidentified wallets.

This massive transfer has sparked a flurry of speculation. What's Tesla planning next? Will they sell or is there something else at play? Tesla hasn't commented, leaving experts and crypto-watchers alike in suspense.