Arkham analysts have tracked the bitcoin assets of Tesla and SpaceX for $ 1.3 billion

Arkham experts have discovered bitcoin wallets of two companies of Elon Musk. The platform has added an asset tracking feature for Tesla and SpaceX.

Arkham analysts have tracked the bitcoin assets of Tesla and SpaceX for $ 1.3 billion

The analytical platform Arkham Intelligence has discovered the bitcoin wallets of Elon Musk's companies. We are talking about Tesla and SpaceX, whose addresses users can now follow.

Experts noted that the financial flows of the identified wallets coincide with previously published company reports. SpaceX has 8290 BTC on its balance sheet at 28 addresses, which is estimated at $554 million in monetary terms.

Tesla's Bitcoin reserves contain 11,510 BTC at 68 addresses. In monetary terms, the digital assets of the electric car manufacturer reach $769 million.

Some users noted that in the latest financial results and losses report, Tesla indicated other data on the amount of bitcoin on the balance sheet. In the fourth quarter of 2023, the company had 9720 BTC ($649 million).

For this reason, part of the community assumed that the automaker had resumed the purchase of the first cryptocurrency. The difference was 1,789 BTC ($119 million).

As for SpaceX, users claim that in this case, the founder of MicroStrategy, Michael Saylor, convinced Musk to purchase bitcoins. The other day, the co-founder of the tech giant pointed to the beginning of a "gold rush" for the first cryptocurrency. In his opinion, it will last until 2034.

Source: https://incrypted.com/analytyky-arkham-otsledyly-bytkoyn-aktyvy-tesla-y-spacex-na-1-3-mlrd/

Read More