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  • A.R.T Digital Team

Elon Musk firms now hold more than $1.3 billion in bitcoin, data firm reveals


bitcoin

Bitcoin addresses linked to Tesla and SpaceX hold 11,500 BTC and 8,290 bitcoin, respectively, per data revealed by Arkham Intelligence.


Elon Musk's companies Tesla and SpaceX are reportedly holding more than $1.3 billion in bitcoin, according to data from the blockchain analytics platform Arkham Intelligence.


"Arkham has identified the BTC holdings of Tesla and SpaceX," the firm posted on X. "We believe Tesla currently holds 11.51K BTC ($780M) across 68 addresses, and SpaceX holds 8.29K BTC ($560M) across 28 addresses."


Source - The Street

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