Arkham: Tesla's 11,509 BTC Worth $997M Hasn't Moved Since 2022
- —Remaining stash is 11,509 BTC worth $997M, about a quarter of the 48,000 BTC bought in 2021
- —Tesla sold 34,200 BTC for $936M in 2022, below its purchase price
- —The remaining coins have risen from $314M four years ago to nearly $1B
- —The company has made no further bitcoin purchases
Why it matters: A major corporate BTC holder is sitting on its position without disclosing plans to sell or add.
Source: ZyCrypto