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Tesla Did Not Sell Its 11,509 Bitcoin, On-Chain Data Reveals

  • On-chain data indicates that Tesla Inc. has retained its entire Bitcoin holdings, dispelling recent speculation about a potential sale.
  • Blockchain analytics firm Arkham Intelligence clarified that Tesla moved its Bitcoin holdings to new wallets, suggesting strategic repositioning rather than liquidation.
  • The Bitcoin holdings were redistributed across seven wallets, with the majority of them holding round numbers of BTC.
  • Speculation suggests that Tesla may have transferred its BTC to a custodian to secure a loan, leveraging crypto assets for liquidity without selling them outright.

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