Tesla moves Bitcoin worth $770 million bitcoin to new addresses
TL:DR Breakdown Elon Musk’s electric vehicle behemoth Tesla, just shuffled a cool 11,509 bitcoins—worth approximately $770 million—into new addresses, per on-chain insights from Arkham. In a flurry of transactions over the past hour, Tesla, which famously dove headfirst into Bitcoin with a $1.5 billion investment in February 2021, moved around $770 million worth of BTC…