Arkham Intel Exchange announces bug bounty on Tesla and will reward any investigator who can find at least one of Tesla’s Bitcoin addresses.
Tesla Bitcoin Wallets were never discovered but Tesla’s financial reports indicate that they presently hold around 10,000 BTC.
In February 2021, Tesla made a significant move by acquiring around 40,000 Bitcoins at a cost of $1.5 billion, establishing itself as one of the major publicly traded companies with a substantial Bitcoin investment.
From March to May 2021, Tesla allowed its customers in the United States to buy their vehicles using Bitcoin. Elon Musk stated that the Bitcoin received from these purchases was not exchanged for traditional currency (fiat), and Tesla was also said to be operating its own Bitcoin nodes.
In the second quarter of 2022, Tesla sold 75% of its Bitcoin holdings for $936 million, which resulted in the company retaining approximately 10,000 BTC.
No one has been able to confirm the any of the Bitcoin wallets belonging to Tesla. As an incentive to find them, Arkham Intel has placed this bounty of 1009.75 ARKM which ends in 15 days.
To earn a reward, users need to locate any of Tesla’s Bitcoin wallet addresses.
Certainly, here are the submission guidelines for Intel Exchange restated in different words:
- Ensure the user’s submission includes background information and relevant details.
- Users need to properly reference all the sources
- Users can utilize information that can be publicly verified.
- Clearly state reasoning, logical progression, and final conclusions.
- Users should include a deposit of 10 ARKM, which will be refunded if submission is approved.