{"id":487071,"date":"2024-03-08T09:29:16","date_gmt":"2024-03-08T09:29:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=487071"},"modified":"2024-03-08T16:30:08","modified_gmt":"2024-03-08T16:30:08","slug":"elon-musk-companies-spacex-and-tesla-hold-over-1-3-billion-in-bitcoin-arkham-intelligence-says","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/elon-musk-companies-spacex-and-tesla-hold-over-1-3-billion-in-bitcoin-arkham-intelligence-says","title":{"rendered":"Elon Musk Companies SpaceX And Tesla Hold Over $1.3 Billion In Bitcoin, Arkham Intelligence Says"},"content":{"rendered":"

Crypto wallets belonging to Tesla and SpaceX, both owned by <\/span>Elon Musk<\/span>, hold over $1.3 billion in Bitcoin (BTC), says <\/span>Arkham Intelligence.<\/span><\/p>\n

The on-chain sleuth revealed in a Mar. 7 report that Tesla currently holds around 11,500 BTC worth more than $773 million at BTC’s <\/span>current price,<\/span><\/a> while wallets linked to <\/span>SpaceX<\/span><\/a> contain $555 million worth of the leading cryptocurrency.<\/span><\/p>\n

Tesla’s BTC Holdings Increased Since Its Last Earnings Call<\/span><\/h2>\n

Tesla<\/span><\/a> holds 1,789 BTC, more than declared in the company’s previous earnings call, suggesting it has purchased more BTC recently. Tesla and <\/span>Elon Musk<\/span><\/a>, the company’s CEO, have not confirmed if the company purchased more BTC.<\/span><\/p>\n

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BREAKING: TESLA & SPACEX ARE NOW ON ARKHAM<\/p>\n

Arkham has identified the BTC holdings of Tesla and SpaceX. We are the first to publicly identify these holdings on chain.<\/p>\n

We believe Tesla currently holds 11.51K BTC ($780M) across 68 addresses, and SpaceX holds 8.29K BTC ($560M)… pic.twitter.com\/vwoEJ0h0dS<\/a><\/p>\n

— Arkham (@ArkhamIntel) March 7, 2024<\/a><\/p><\/blockquote>\n