Global #Tesla

Two significant developments involving Elon Musk have dominated tech headlines today.

The 2024 cryptocurrency bull market, fueled by Bitcoin's resurgence, has reignited speculation about Tesla's potential return to accepting BTC payments.

Tesla, the electric vehicle giant led by Elon Musk, is reaping significant rewards from its strategic bet on Bitcoin, with its holdings now valued at over $1 billion.

Tesla's recent quarterly earnings report has confirmed that the company continues to hold a significant amount of Bitcoin.

Blockchain intelligence firm Arkham has confirmed that Tesla still holds a significant amount of Bitcoin (BTC), despite recent wallet movements that sparked speculation about potential sales.

Tesla has made headlines once again with significant movements in its Bitcoin holdings. The electric vehicle manufacturer, which famously invested $1.5 billion in Bitcoin back in February 2021, recently executed a series of transactions that saw approximately $770 million in Bitcoin relocated to around seven new addresses.