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)
  1. Avatar of Dragutin

    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


Leave a Reply

Your email address will not be published. Required fields are marked *


Binance Announces Mew Memecoin Listing On Binance Futures

Editor Choice | Altcoin

Binance Announces MEW Memecoin Listing on Binance Futures

Binance Exchange Announces Listing of Cat in a Dogs World (MEW) - A Memecoin Developed on Solana, on Binance Futures.

Azcnews Eth Drops Sharply As Whales Increase Accumulation

News | Altcoin | Editor Choice

ETH Drops Sharply as Whales Increase Accumulation

Ethereum whales have accumulated substantial amounts of ETH over the past few days. Despite these developments, the price has remained stagnant.

How To Receive Notcoin (not) On Bingx

Airdrops | Editor Choice

How to Receive Notcoin (NOT) on BingX

The cryptocurrency exchange BingX is excited to announce the listing of Notcoin (NOT) on its platform. In celebration of this listing, BingX is launching a Notcoin rewards program with a massive total prize pool of 2,500,500 NOT.

Azcnews Bitcoin Drops To $65,000 Despite Positive Indicators

News | Bitcoin | Editor Choice

Bitcoin Drops to $65,000 Despite Positive Indicators

Bitcoin's price has dropped nearly 5% over the past seven days. Most metrics and market indicators suggest that this downward trend is likely to continue.

Guide To Participate In The Beacon Airdrop

Editor Choice | Airdrops

Guide to Participate in The Beacon Airdrop

The Beacon is a fantasy-themed roguelite role-playing game developed on Arbitrum. The Beacon has confirmed that it will conduct an airdrop for the community through various missions. Join the AZCNews team in participating in The Beacon Airdrop today!