SpaceX Transfers $31 Million in Bitcoin: What’s Left of Musk’s Companies’ BTC Holdings?
SpaceX recently moved $31.28 million in Bitcoin in its third major transfer in under two weeks, prompting speculation about custody changes or strategy shifts.Summary
SpaceX executed its third significant Bitcoin transfer in under two weeks, moving 281 BTC worth approximately $31.28 million to a new wallet. This frequent on-chain activity, following a larger $257 million transfer earlier, has fueled industry debate, with explanations ranging from internal custody reorganization to potential shifts in digital asset strategy. Some observers speculate these movements could signal preparations for policy changes or partial liquidations, though SpaceX has not provided official confirmation. As of the report, Arkham Intelligence estimates SpaceX holds 7,258 BTC valued at $790.95 million, while Elon Musk's Tesla holds 11,509 BTC worth $1.25 billion, totaling $2.04 billion in BTC between the two firms. This activity occurs shortly after Musk reaffirmed his support for Bitcoin, positioning it as superior to fiat currency due to its reliance on energy.
(Source：BeInCrypto)