In what comes as a remarkable revelation within the cryptocurrency landscape, Elon Musk’s Tesla and SpaceX have been registered holding colossal amounts of Bitcoin, per insights unveiled by the blockchain tracker Arkham. These holdings, valued at $1.34 billion, promptly garnered noteworthy attention among crypto market traders and investors globally as BTC recently surged past the $68K mark, scaling a new ATH (All-time- high) this week.
With its accumulations spread out across nearly 100 different addresses, these holdings showcase Musk’s remarkable sense of confidence in the world’s first-ever digital asset. Meanwhile, as the BTC halving looms, investor sentiment orbiting Bitcoin further gets bolstered with the above-mentioned revelation.
Bitcoin, in the interim, continued its upward movement today, although the token recorded a dip briefly, per CoinMarketCap’s data.
Tesla & SpaceX BTC Holdings & On-Chain Flows: Diving Deep
According to the insights unveiled by Arkham,
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