Tesla still holds about $776 million in Bitcoin, according to a recent report from Arkham Intelligence.
Earlier this month, Tesla caused a stir in the cryptocurrency market by moving its Bitcoin to unknown wallets. However, Arkham clarified these were just routine wallet changes, and Tesla still owns the coins.
Tesla initially bought $1.5 billion in Bitcoin in early 2021 and briefly allowed customers to use it for payments, but quickly reversed that decision due to environmental concerns. Since then, Tesla has sold a large part of its Bitcoin holdings.
Despite rumors that Tesla might sell the rest of its Bitcoin, it remains the fourth-largest corporate holder of the cryptocurrency.
Elon Musk, Tesla’s CEO, hasn’t commented on Bitcoin publicly since 2022, though he recently called crypto “interesting” for its decentralized nature. Musk had previously indicated Tesla could accept Bitcoin payments again if its mining practices became more environmentally friendly.
Swan, a Bitcoin-focused financial firm, has issued a striking market update suggesting that the current BTC cycle isn’t just another repeat of the past—it might be the last of its kind.
Ross Ulbricht, founder of the infamous Silk Road marketplace, is back in the headlines after receiving a mysterious transfer of 300 BTC—valued at roughly $31 million.
Bitcoin could be heading for a notable dip if it fails to stay above a key price zone, according to market watcher DonAlt.
A new report from Cane Island reveals a startling truth about Bitcoin’s supply: by late 2025, over 7 million BTC could be permanently lost—more than one-third of all coins ever mined.