Tesla's $750 Million in Bitcoin Just Vanished From Where It Was Being Stored

Quick Summary:

Disappearing Act In case you've forgotten, Elon Musk's Tesla is among the largest bitcoin whales in the world.

So, when all of a sudden its over $760 million worth of the cryptocurrency seemingly vanished from its digital vault earlier this week, it stoked a bit of a panic.

There are no clear signs that they intend to sell, such as a transfer to a crypto exchange platform like Coinbase, as Coindesk notes.

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Article Details

Author / Journalist: Frank Landymore

Category: Technology

Markets: United States

Topics: Tesla The digest Future Society Bitcoin Cryptocurrencies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 16:28:14 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: futurism.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Futurism

News ID: 23121055

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