After Arkhams Wallet Movement Tesla Still Holds 780 Million Worth of Bitcoin CoinJournal

Coin World News Report:
Tesla divides 11,509 bitcoins into seven wallets
Arkham Intelligence stated that some speculate this move is for cryptocurrency custody
Tesla remains the third largest publicly traded Bitcoin company, following MicroStrategy and Marathon Digital Holdings
According to a blockchain analysis company, despite wallet movements last week, Tesla still holds 11,509 bitcoins.
In an article about Tesla, Arkham Intelligence stated:
“We believe that the wallet activity we reported on last week was wallet rotation, and the bitcoins still belong to Tesla. Tesla has transferred its entire balance of 11,509 BTC ($776.9 million) to new wallets.”