21 March 2025
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Lazarus Group Holds 13,441 BTC, Outpacing Tesla’s 11,509 BTC
The Lazarus Group, linked to North Korea, now holds more bitcoin than Tesla. Key points include:
- Lazarus Group possesses 13,441 BTC valued at $1.14 billion, surpassing Tesla's 11,509 BTC.
- Last month, the group hacked Bybit, stealing $1.4 billion in ether and converting some into bitcoin.
- 12,836 BTC from the hack is distributed across 9,117 wallets.
- Tesla has held its bitcoin since acquisition four years ago, ranking fourth among public companies in BTC holdings.
- Former President Trump emphasized U.S. ambitions to be a "Bitcoin superpower," highlighting the competition with entities like Lazarus.
- The U.S. government currently holds 198,109 BTC from enforcement actions, valued over $16 billion.