Elon Musk-controlled Tesla (TSLA) created ripples earlier this week as it moved over $750 million worth of bitcoin (BTC) to new wallets after nearly two years of the stash being untouched.
The action sparked conversation around Tesla’s/Musk’s intentions and concerns of further selling pressure.
The electric carmaker as of the time of the move roughly 40 hours ago was the fourth-largest corporate holder of bitcoin, BitcoinTreasuries data showed, with about 10,000 tokens. Tesla accumulated its […]
Four Reasons Elon Musk's Tesla May Have Moved $760M of Bitcoin – CoinDesk
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