North Korea’s Lazarus Group Surpasses Tesla in Bitcoin Holdings

North Korea’s Lazarus Group Now Holds More Bitcoin Than Tesla as Trump Pushes for U.S. Crypto Leadership

The Lazarus Group, a North Korean state-backed hacking syndicate, has officially surpassed Tesla (TSLA) in Bitcoin (BTC) holdings, according to Arkham Intelligence data.

As of now, Lazarus controls 13,441 BTC worth approximately $1.14 billion, outpacing Tesla’s 11,509 BTC stash by 16%.

Lazarus Group’s Crypto Heist Boosts BTC Reserves

Lazarus Group’s growing dominance in the Bitcoin market follows its recent attack on crypto exchange Bybit, where hackers drained $1.4 billion in ether (ETH). A portion of the stolen funds has since been converted into Bitcoin, with 12,836 BTC distributed across 9,117 unique wallets, according to Bybit CEO Ben Zhou.

Tesla’s Bitcoin Holdings: HODLing but Falling Behind

Tesla, led by Elon Musk, acquired its Bitcoin reserves four years ago and has held onto them ever since, making it one of the largest publicly listed companies in terms of BTC holdings. However, with no recent additions to its BTC balance, Tesla has now fallen behind a North Korean hacking group, raising questions about corporate crypto strategies.

Trump’s Bitcoin Vision: A Turning Point for U.S. Corporations?

This development comes as President Donald Trump is pushing for the U.S. to become the global leader in Bitcoin and crypto innovation. On Thursday, Trump declared his goal to make the country the “undisputed Bitcoin superpower and crypto capital of the world.”

With North Korean hackers now holding more BTC than a major U.S. corporation, will Tesla and other American companies ramp up their Bitcoin adoption in response?

U.S. Government Holds $16 Billion in Bitcoin Reserves

Meanwhile, the U.S. government remains one of the largest Bitcoin holders, with 198,109 BTC worth over $16 billion, seized in various enforcement actions. Trump recently referred to these holdings as a strategic reserve, signaling a potential shift in how the U.S. government views Bitcoin as a national asset.

As geopolitical competition in digital assets intensifies, Tesla’s position in the crypto landscape appears uncertain. The next question is whether U.S. corporations will step up their Bitcoin involvement in response to both foreign adversaries and Trump’s pro-crypto push.