By using this site, you agree to the Privacy Policy and Terms of Use.
Accept

BTCRepublic: Timely News & Analysis for Smarter Trading.

  • ABOUT
  • DISCLAIMER
  • CONTACT
New Logo Black BTCRepublic BTCRebpublic-New White Logo
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
    Price PredictionsShow More
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    Solana (SOL) Price Faces Correction, But Bulls Eye $205
    October 14, 2025
    Ethereum Price Prediction 2024, 2025
    Ethereum Price Prediction 2024, 2025: What to Expect for ETH by 2030
    October 18, 2025
    Bitcoin Price Rises To $78k
    Bitcoin Hits $65K as China Unveils Stimulus (September 2024)
    October 16, 2025
    Ethereum (ETH) Surged 15%
    Ethereum (ETH) Surged 15% In 7 Days Despite Whale Selloff
    October 14, 2025
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
    Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
    October 14, 2025
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Elon Musk’s Tesla Has Transferred $765M Worth Of Bitcoin (BTC) To Unknown Wallets
Share
  • bitcoinBitcoin(BTC)$107,239.78
  • ethereumEthereum(ETH)$3,904.72
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$1,090.86
  • rippleXRP(XRP)$2.36
  • solanaSolana(SOL)$187.05
  • usd-coinUSDC(USDC)$1.00
  • staked-etherLido Staked Ether(STETH)$3,900.27
  • dogecoinDogecoin(DOGE)$0.190394
  • tronTRON(TRX)$0.315043
Font ResizerAa
BTCRepublicBTCRepublic
  • Guides
  • News
  • Reviews
  • Price Predictions
Search
  • Guides
    • Bitcoin
    • Ethereum
    • Altcoins
    • Blockchain
    • DeFi
    • Mining
    • NFTs
    • Wallets
  • News
    • Bitcoin News
    • Ethereum News
    • Altcoins News
    • NFT News
    • Memecoin News
    • Blockchain News
    • Stablecoins News
    • DeFi News
  • Reviews
    • Exchanges
    • Wallets
    • Casinos
    • Services
  • Price Predictions
Follow US
  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
© 2025 All Rights Reserved by BTCRepublic.

Home - Bitcoin News - Elon Musk’s Tesla Has Transferred $765M Worth Of Bitcoin (BTC) To Unknown Wallets

Bitcoin News

Elon Musk’s Tesla Has Transferred $765M Worth Of Bitcoin (BTC) To Unknown Wallets

Oladapo Timothy
Last updated: October 14, 2025 8:29 am
Oladapo Timothy
Published: October 14, 2025
Share
Tesla Has Transferred $765M Worth Of Bitcoin (BTC) To Unknown Wallets
SHARE
Highlights
  • Elon Musk's Tesla moved its entire 11,500 Bitcoin (BTC), about $765M, to several different unknown wallets.
  • This is the first fund transfer in two years from Tesla’s wallet, which has been dormant since June 17, 2022.
  • Tesla has not disclosed what it intends to use the transferred funds for or whether it still has custody of the Bitcoin or not.

Elon Musk’s Tesla has moved its entire Bitcoin (BTC), which is worth over $765M, into different unknown wallets. The Bitcoin stash has been dormant since June 2022.

According to several X posts, the electric vehicle producer transferred its entire Bitcoin holdings in 26 transactions on October 15. 

btcrepublic advertise

At press time, Tesla has not disclosed what it intends to use the transferred funds for or whether it is still in custody of the Bitcoin.

Tesla move all their #Bitcoin to new wallets
tolal 750m@elonmusk what the fuck you doing! pic.twitter.com/882i3oQPHM

— Unknown_Coyote (@Unknown_Coyote1) October 15, 2024

Tesla Moved 11500 BTC  Worth Over $765M To Several Unknown Wallets

According to Arkham Intelligence, a decentralized on-chain intelligence platform, Tesla, the popular EV maker, has moved almost all of its entire 11,500 BTC holdings, which were worth over $765M, across 26 transactions to several different unknown wallets.

Tesla moved all the Bitcoins on Tuesday, October 15.

TESLA JUST MOVED ANOTHER $260M BTC

TOTAL MOVED: $760M pic.twitter.com/ukAcHW1EZC

— Arkham (@ArkhamIntel) October 15, 2024

The platform revealed that Tesla first made a test transfer on October 15 at 8:41 pm UTC, and Tesla’s wallet currently holds less than $7 worth of Bitcoin.

Arkham Intelligence further revealed that this movement was the first fund transfer from Tesla’s Bitcoin wallet in two years. Tesla’s Bitcoin wallet has been dormant since June 17, 2022.

btcrepublic advertise 2

What’s The Purpose Of The BTC Transfers?

Prior to the Bitcoin transfers, Tesla did not publicly disclose its plans to move its Bitcoin. Even after the transfer, the firm has not publicly revealed its reason for the transfer or what it intends to do with the transferred funds.

More so, there are no signs that Tesla moved the Bitcoin to cryptocurrency exchanges, which makes it difficult to ascertain whether Tesla is still in control of the 11,500 BTC or not.

However, if Tesla still has the custody of the BTC stash, then the EV firms will be the fourth-largest BTC holder among publicly-traded firms. MicroStrategy, the famous business intelligence firm, comes first, followed by Marathon Digital mining firm and Riot Platforms mining firm.

Details on Tesla’s BTC transfers may be disclosed in the firm’s third-quarter financial reports after the market closes on October 23.

Nevertheless, SpaceX, Elon Musk’s spacecraft manufacturer, still holds 8,285 BTC, which is worth over $553M. This makes SpaceX the seventh-largest BTC holder among private firms.

Crypto Market Remained Unshaken

Tesla’s BTC transfers have no significant effect on the crypto market. Despite the transfers, Bitcoin’s price is moving closer to the key resistance level of $69K. 

According to Tradingview, Bitcoin (BTC) is trading at about $67,125 at press time, up 1.3% over the last 24 hours.

Crypto Market Remained Unshaken

Strong ETF inflows and bullish market sentiment triggered this increase in price.

Aside from the BTC transfer from Tesla, the Ethereum co-founder, Vitalik Buterin, also reportedly converted a large number of meme coins into Ether for charity donations. This also has no significant impact on the crypto market.

4 Years On, El Salvador’s Bitcoin Dream Isn’t Dead – It Just Looks Different
Robinhood Opens Crypto Withdrawals for Europeans
How To Create An NFT – A 2024 Beginners Guide
OpenEden And XRP Ledger Launch Tokenized US Treasury Bills
How To Get Free Bitcoin: 11 Easy And Legitimate Ways
TAGGED:BitcoinBTCCrypto

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
Subscription Form
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Print
ByOladapo Timothy
Follow:
An expert, trader and writer with extensive experience of digital assets, covering everything related to the burgeoning crypto industry — from price analysis to Blockchain disruption. I have authored more than 2,000 stories for crypto and fintech media outlets. I am particularly interested in regulatory trends around the globe that are shaping the future of digital assets.
Previous Article UAE Central Bank (CBUAE) Grants First Approval For Dirham-Pegged Stablecoin Issuer UAE Central Bank (CBUAE) Grants First Approval For Dirham-Pegged Stablecoin Issuer
Next Article How To Recover Stolen Cryptocurrency How To Recover Stolen Cryptocurrency 2025 – “Scamming” Your Scammer
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to Our Newsletter
Subscribe to our newsletter to get our newest articles instantly!
Subscription Form
Binance and Israeli Forces Allegedly Seize Palestine Crypto
Binance and Israeli Forces Allegedly Seize Palestine Crypto
News
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Model
Worldcoin (WLD) Price Surged 16% As OpenAI Drops New AI Models
Price Predictions
How To Buy Ripple (XRP) - A Step-by-Step Guide For Beginners
How To Buy Ripple (XRP) 2024 – A Clean Guide For Beginners
Altcoins
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
Indian High Court Orders Take Down of Mudrex Impersonation Scammers
News

Follow Us on Socials

BTCRepublic use social media to react to hot news, update supporters and share authentic and factful information

Facebook Twitter Linkedin Telegram Pinterest
New Logo Black BR


BTCRepublic is the go-to source for comprehensive news coverage on blockchain technology, cryptocurrencies, non-fungible tokens, and Web3 gaming. Our content ranges from market trends to in-depth price analysis, fresh developments, interviews, and beginner guides.

Subscribe to our newsletter

Stay ahead of the curve with the BTCRepublic newsletter. By subscribing, you will get information about what is happening in the Web3 world straight to your inbox.

Subscription Form (#3)

More

  • About US
  • Privacy Policy
  • Editorial Policy
  • Terms of Service
  • Disclaimer
  • Contact Us
  • Sitemap
Reading: Elon Musk’s Tesla Has Transferred $765M Worth Of Bitcoin (BTC) To Unknown Wallets
Share
© 2025 All Rights Reserved by BTCRepublic