PANews reported on October 23 that according to Arkham Intelligence analysis, despite a large number of Bitcoin transfers last week, Tesla's 11,509 BTC (about $777 million) remained intact. Arkham said these transfers were "wallet rotations" rather than sales. This move has sparked some market speculation that Tesla may transfer Bitcoin to a custodian in preparation for mortgage loans. Tesla will release its third-quarter earnings report after the market closes on Wednesday, and the company is still the world's fourth largest Bitcoin holder listed company.