The Bitcoin Wallet Address of Elon Musk has been Revealed

On-chain data from Arkham indicates that billionaire Elon Musk is currently holding nearly 20,000 Bitcoin through two companies, Tesla and SpaceX.

Azcnews Breaking

In the latest report from the on-chain platform Arkham Intelligence, Tesla – the renowned electric car company owned by billionaire Elon Musk – currently holds 11,509 Bitcoin, valued at around $780 million across 68 wallet addresses. Additionally, SpaceX, the aerospace manufacturer and space transportation company also owned by Musk, is holding 8,285 BTC, equivalent to $560 million, spread across 28 wallet addresses.

As of January 2024, Tesla has declared a “diamond hand” stance with 9,720 BTC, holding steady for 6 consecutive quarters despite fluctuations in the cryptocurrency market.

According to historical data, Tesla underwent significant changes in its Bitcoin portfolio starting from 2021. The company invested $1.5 billion in Bitcoin in February 2021, accumulating approximately 43,000 BTC. In the same month, Tesla announced its acceptance of BTC as payment, ushering the crypto community into a new wave. However, the company liquidated $936 million worth of BTC in 2022, retaining only $218 million by the end of September 2022, resulting in a net loss of $140 million in 2022.

If the information from Arkham Intelligence is accurate, Tesla acquired an additional 1,789 BTC in the first quarter of 2024, bringing Elon Musk’s total Bitcoin holdings to 19,794 BTC, valued at over $1.3 billion at the current time.

With 11,509 BTC currently held, Tesla becomes the third-largest publicly traded company holding cryptocurrency assets globally, following MicroStrategy (193,000 BTC) and Marathon Digital Holdings (16,930 BTC). Elon Musk himself becomes the second-largest individual BTC holder, second only to MicroStrategy CEO Michael Saylor.

In the past, Arkham has also identified several wallet addresses of famous Bitcoin ETFs such as Coinbase’s BTC wallet and Grayscale’s BTC and ETH wallets.

Related: Elon Musk Endorses Investment in AI Crypto

Bitcoin Chart

Chart Bitcoin (1)

BTC/USDT chart on TradingView at 1:24 AM on March 8, 2024 (UTC)

(15 votes)

4.9/5

(15 votes)
  1. Avatar of Dragutin
    Dragutin

    Da
    Mogao bi osnaziti portfelje sa večim iznosom jer ima mogućnosti za to
    Vjerojatno kalkulira dok se cijena ne snizi i stabilizira

  2. Avatar of Patrice
    Patrice

    Hello

Comments are closed.

Latest

70% Of Bnb Chain Memecoin Investors Are In Profit

News | Editor Choice | Memecoin

70% of BNB Chain Memecoin Investors Are in Profit – CZ’s “Meme Season” Is in Full Swing

The memecoin wave on the BNB Chain is exploding, with over 70% of investors reporting profits as capital floods in — marking the start of the most vibrant “meme season” ever predicted by CZ.

Paypay Acquires 40% Stake In Binance Japan

News | Editor Choice | Policy & Regulations

PayPay Acquires 40% Stake in Binance Japan

The acquisition of a 40% stake in Binance Japan marks a historic milestone for PayPay, paving the way for the convergence of traditional payments and digital assets, and shaping the future of Japan’s digital finance landscape.

Bitcoin Boom Ahead Institutional And Derivatives Data Reveal

News | Bitcoin | Editor Choice

Bitcoin Boom Ahead? Institutional and Derivatives Data Reveal

Market experts believe that Bitcoin (BTC) is in a phase of accumulation rather than topping, predicting a retest before the next explosive breakout.

Bnb Super Cycle – A Massive Rally Or Binance’s Next Big Bubble

News | Altcoin | Editor Choice

BNB Super Cycle – A Massive Rally or Binance’s Next Big Bubble?

Binance’s BNB token is heating up the crypto market with a series of new record highs, but amid the excitement of the so-called “Super Cycle,” many analysts warn it could just be a bubble waiting to burst.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Screenshot 2025 09 10 100533