Breaking: Tesla Moves All Bitcoin Holdings In Multiple Transactions

Quick Summary:

Tesla has moved all its Bitcoin holdings, worth over $759 million, from its public wallet, marking its first BTC transactions in two years.

This has raised questions about the reason for these transactions, with a potential sale of these coins likely to impact the market significantly.

However, there is the possibility that the company might not just be moving these coins to another cold wallet.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Tesla Bitcoin Bitcoin News 24/7 Cryptocurrency News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-15 @ 21:44:15 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 200 words

Reading Time: 2 minutes read

Sentences: 33 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23079695

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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