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Tesla transfers $760 million in bitcoin: what’s next for Elon Musk’s crypto strategy?
Tesla, led by Elon Musk, has stirred speculation in the cryptocurrency world by transferring nearly all of its bitcoin holdings—valued at approximately $765 million—to unknown wallets. This action raises questions about whether the electric vehicle manufacturer is planning to sell its bitcoin.
Is Elon Musk Selling Bitcoin? Tesla Transfers All $760M of Its BTC to Unknown Wallets.
Helene is a New York-based reporter covering Wall Street, the rise of the spot bitcoin ETFs and crypto exchanges. She is also the co-host of CoinDesk's Markets Daily show. Helene is a graduate of New York University's business and economic reporting program and has appeared on CBS News, YahooFinance and Nasdaq TradeTalks. She holds BTC and ETH.
Tesla Shifts $765M Bitcoin to Unidentified Wallets, Sparking Debate on Elon Musk’s Strategy
Elon Musk's Tesla transferred nearly all of its $760M Bitcoin to unknown wallets, sparking rumors of a potential sell-off,
Elon Musk’s net worth plummeted by $15 billion after revealing the Tesla Cybercab
Elon Musk took a $15 billion hit to his net worth following the debut of Tesla’s first-ever robotaxis. The Tesla CEO, who owns about 13% of the company, saw his net worth plunge to about $240 billion following last week’s announcement,
Impacts
5h
Top 4 Crypto Wallet Choices for 2024: Plus Wallet, MetaMask, Coinbase & Trust Wallet
In 2024, finding the perfect crypto wallet means weighing up factors like security, ease of use, and the assets you want to ...
decrypt
1d
Crypto Wallets Linked to MrBeast Made $13 Million on Tokens Shilled by Influencers
An on-chain sleuth has connected the YouTube personality to millions of dollars worth of profits juiced from controversial ...
ThePrint
22h
The Best Web3 Crypto Wallets of 2024: Simplify Crypto Management While Earning Passive Income!
As Web3 becomes more popular, users need flexible crypto wallets to tap into the sector’s growing potential. This guide takes ...
Hosted on MSN
18h
Plus Wallet Unifies Crypto Assets with Cross-Chain Power! Uniswap Labs Expands Access & Ethereum ETFs Attract Fresh Inflows
Explore Plus Wallet’s comprehensive cross-chain features, streamlined asset management, and immediate price notifications.
Impacts
3d
The Top Crypto Wallets of October 2024 – Experts Review the Best
Millions of downloads monthly highlight the growing necessity of crypto wallets for individuals engaging with digital ...
ThePrint
19h
Secure Wallets Face-Off: Who Will Reign Supreme in Crypto Security-Plus Wallet’s Rewards vs. OKX’s DeFi Campaign
Find out why traders favor Plus Wallet over OKX Wallet. Offering unmatched security and enticing rewards, Plus Wallet is the ...
Benzinga.com
5d
Best Bitcoin and Crypto Wallets for October 2024
Benzinga's top picks for the best
crypto
wallets
for this month include ZenGo, Ledger, Trezor and Coinbase. Choosing a
crypto
wallet is crucial for securely managing your cryptocurrency because ...
Analytics Insight
1d
Master Your Crypto Strategy: Best Bitcoin Wallets of October 2024 and Essential Tools for Altcoins
The one thing crucial for your digital coin's safety is the private key. The best tool for guarding this key? A solid crypto ...
10h
‘Big News’—Donald Trump Declares ‘Crypto Is The Future’ After Blowing Up The Bitcoin Price
The sale of a new cryptocurrency backed by former U.S. president Donald Trump has sent the bitcoin price and crypto market ...
Impacts
3d
Why Crypto Scam Awareness Should Be a Part of Every Investor’s Strategy
In 2023 alone, an astounding $4.6 billion was lost to scams that crypto wallets could have prevented. To avoid becoming part ...
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