Blockchain analytics platform Arkham Intelligence claims to have identified Bitcoin addresses for Tesla and SpaceX, holding a combined 19,794 BTC, worth more than $1.3 billion at current prices. .
“Arcam has identified the BTC holdings of Tesla and SpaceX. We are the first company to publicly identify these on-chain holdings,” the company said. Posted With X.
arkham believes tesla It currently holds 11,509 BTC, worth $770.7 million, across 68 addresses. space x 8,285 BTC out of 28 addresses, worth $554.9 million.
Arkam said on-chain capital flows are consistent with financial statements prepared by both companies. “Tesla bought $1.5 billion of BTC in January 2021 and sold BTC twice. In Q1 2021, it sold $272 million BTC. In Q2 2022, it sold 9 Sold $36 million worth of BTC.”
“Tesla has allowed the purchase of Teslas with Bitcoin from March 24th to May 12th, 2021,” Arkam added.
SpaceX CEO Elon Musk said in a 2021 speech that the company owns Bitcoin, but the amount held was unknown at the time because the company is privately held. Ta. At the same event in 2021, Musk said that Tesla, another Musk company known for its electric cars, had added $1.5 billion in Bitcoin to its balance sheet.
Last year, the Wall Street Journal reported that SpaceX had written down its Bitcoin holdings by $373 million.
The Block has reached out to Tesla and SpaceX for comment.
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