The best-kept empires have their secrets exposed, and the Musk empire is no exception. In a shocking breakthrough, blockchain investigation firm Arkham has uncovered huge Bitcoin reserves held by Tesla and SpaceX. Hidden until now, these crypto-wealths shed a harsh light on the crypto strategy of Elon Musk, at the head of this veritable technological empire.
Bitcoin’s Secret Stash Exposed
According to the Arkham revelations, Tesla holds no less than 11,510 bitcoins, valued at $780 million. As for SpaceX, the aeronautics company is said to be hiding 8,290 bitcoin, worth $560 million. A real crypto treasure carefully buried by the whimsical billionaire Elon Musk.
However, these staggering figures would only be a pale reflection of the recent past. Indeed, information from the Wall Street Journal indicates that SpaceX would have sold a significant part of its reserves in 2022 and 2021, suffering a loss of $373 million on its Bitcoin holdings. A controversial decision that raises questions about Musk’s crypto vision.
Elon Musk’s Secret Ambitions
Behind these massive reserves of Bitcoin would hide a much broader strategy on the part of Elon Musk. Indeed, the visionary man seems to have prepared his technological empire to integrate cryptocurrencies into its operations. With characteristic anticipation and long-term vision, Musk has reportedly carefully positioned his companies to embrace the crypto and blockchain revolution.
From Tesla to SpaceX, to his other cutting-edge companies, Musk has reportedly been patiently amassing a Bitcoin war chest. A large-scale maneuver which could well herald a massive adoption of cryptocurrencies within its industrial empire.
The Shattering Offensive in Preparation?
These revelations only fuel speculation around Elon Musk’s true intentions regarding cryptocurrencies. Indeed, some analysts believe that these massive assets in Bitcoin only serve to constitute a store of value. This reserve could protect assets against inflation, like digital gold.
However, observers are confident that with these hidden Bitcoin reserves, Musk may have carefully prepared a coup. It could have launched a proprietary cryptocurrency for all of its cutting-edge companies. These revelations suggest that a shocking maneuver is being prepared in the shadows.
From the use of Bitcoin as a means of payment to a possible in-house cryptocurrency, the craziest theories are now possible. One thing is certain, these discoveries have only partially opened the door to a previously unknown part of Elon Musk’s empire. There is no doubt that other shocking revelations are still to come.
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