On Oct. 15, 2024, Tesla initiated a transaction, transferring 1,800 BTC at precisely 5:03 p.m. EDT at block height 865,811. Following this initial move, the company shifted a grand total of 11,509 BTC, valued at more than $ 760 million, from its well-known wallets. At this time, it’s suspected that the funds have been …
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $ 225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin …
Elon Musk and Tesla Inc. successfully had a lawsuit dismissed that accused them of manipulating the price of dogecoin (DOGE) for personal gain. A U.S. District Judge in Manhattan ruled that the plaintiffs failed to provide convincing evidence, despite multiple revisions of their claims. The lawsuit alleged that Musk’s social media influence caused a 36,000% […]
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants, negatively impacting the system. Musk acknowledged the need for regulators but stressed they should not outnumber players. He reiterated that the government should act as a referee, setting sensible rules without hindering industry progress. Elon Musk Says Government […]
Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $ 184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $ 745 million. Tesla Holding Onto Its Bitcoin …