Tesla has transferred its entire Bitcoin holdings worth $765 million to unidentified wallets, raising speculation about its future approach to cryptocurrency.
The transfer involved 11,500 Bitcoin moved in 26 separate transactions, not linked to cryptocurrency exchanges.
Tesla's Bitcoin wallet had been inactive since June 2022, and this transfer marks the first major activity.
Tesla's upcoming Q3 financial report and Elon Musk's affinity towards Dogecoin have also sparked curiosity about the company's cryptocurrency strategy.