Markets· ★★★· bullish·

Tesla nears $1 billion in Bitcoin holdings after weekly rally

  • Arkham attributes 11,509 BTC and 68 linked addresses to Tesla
  • Position value rose about $122.62 million in a week
  • At BTC $86,702 the holdings were worth $997.88 million
  • Tesla disclosed no recent Bitcoin purchases or sales
Why it matters: A major public company is again near the $1 billion BTC mark, reinforcing the corporate treasury demand narrative.
Source: DiarioBitcoin