Tesla's Recent Bitcoin Transfer Believed To Be Internal Wallet Movement

According to Foresight News, Arkham has stated that Tesla's recent Bitcoin transfer is likely an internal wallet movement. Last week, Tesla transferred 11,509 BTC, valued at approximately $776.9 million, into seven new wallets. Each of these wallets now holds between 1,100 and 2,109.3 BTC. All the wallets received test transactions, and except for one, all wallets hold whole numbers of BTC. There is speculation that this transfer might be related to securing a loan using Bitcoin as collateral.