March 7, 2024
Arkham has identified the BTC holdings of Tesla and SpaceX. We are the first to publicly identify these holdings on chain. We believe Tesla currently holds 11.51K BTC ($780M) across 68 addresses, and SpaceX holds 8.29K BTC ($560M) across 28 addresses. The on-chain fund flows we’ve identified match financial statements from Tesla and SpaceX. Tesla purchased $1.5B of BTC in Jan 2021, and sold BTC on 2 occasions:
>Sold $272M BTC in Q1 2021
>Sold $936M BTC in Q2 2022
Tesla allowed purchases of Teslas in Bitcoin between March 24 and May 12 2021. Our Tesla Intel Exchange Bounty revealed a Tesla car purchase linked to this larger cluster of Tesla holdings.
Track Tesla and SpaceX on Arkham: