Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.
Some bitcoin traders were spooked as Tesla on Wednesday moved its BTC stash for the first time in over two years.
So far, though, none of the bitcoins have apparently made it to exchange wallets or were swapped for stablecoins.
Here's some reasons...