Rumors on social media hint Tesla could have recently purchased around 1,000 BTC. These talks of Tesla buying BTC are based on Arkham Intelligence’s data platform. Some suggest that the discrepancy between their BTC holdings may have arisen due to product sales. The electric car company Tesla has allegedly purchased around 1,000 BTC, or at least that’s what the chatter is on social media. But a closer look at the source of these rumors reveals that it could be nothing but a case of misinterpretion.Tesla’s BTC balance increases Tesla CEO Elon Musk’s announcement of purchasing BTC was a major driver of the crypto markets in February 2021. Late Wednesday, social media platform X’s users started talking about Tesla adding 1,000 BTC, worth roughly $68 million, to their balance sheet based on data from a popular crypto data analytics platform, Arkham. Neither Tesla nor Musk have commented on these rumors.
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