The post Tesla Bitcoin Holdings Still at $780M, No Sell-Off: Arkham appeared first on Coinpedia Fintech News
According to blockchain firm Arkham Intelligence, despite recent Bitcoin transfers sparking concerns, Tesla likely still holds its entire $780 million Bitcoin stash. On October 15, Tesla split its 11,509 BTC between seven wallets, raising fears of a market dump. However, Arkham clarified that these were likely internal wallet rotations, with no Bitcoin sold. Tesla’s Bitcoin price impact remains minimal, and speculation suggests the transfer could be linked to securing a loan. Tesla executives may clarify their plans during their third-quarter earnings call on October 23.