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Tesla Transfers $765 Million in Bitcoin to Unknown Wallets For Reasons Unknown

  • 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.

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