Categories: Bitcoin Latest News

SpaceX Wallet Springs to Life With $153M Bitcoin Transfer, First Move Since 2022

A bitcoin (BTC) wallet apparently owned by SpaceX just moved over $150 million worth of BTC in its first on-chain activity for more than three years, according to data from blockchain analytics platform Arkham .

Arkham shows the 1,308 BTC transaction moved from address 15oKQ7… i7Jf1G, tagged as owned by Elon Musk’s rocket company, to a previously inactive wallet, bc1q8k … phartf.

The transaction is the first recorded outbound transfer since June 10, 2022, when it moved 3,505 BTC (worth $102 million at the time) to Coinbase.

The receiving wallet is unlabeled, and no onward movement has been observed.

According to Arkham, SpaceX still holds 6,977 BTC, valued at approximately $815 million. That puts the company among the largest corporate bitcoin holders globally, behind names like Strategy (MSTR) and Tesla (TSLA), another Musk-owned company.

It remains unclear whether this latest transfer signals a sale, internal treasury reallocation, or something else entirely.

Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]

Recent Posts

Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC

Bitcoin Magazine Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On…

4 hours ago

Here’s How Not To Screw up Your Bitcoin Privacy

Bitcoin Magazine Here’s How Not To Screw up Your Bitcoin Privacy Just one transaction can…

9 hours ago

Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course

Bitcoin Magazine Bitcoin ETFs Shed $729M in Two Days as Investors Reverse Course U.S. investors…

12 hours ago

Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030

Bitcoin Magazine Calamos Investments CEO John Koudounis: Bitcoin Will Hit $1M by 2030 Is Bitcoin…

16 hours ago

Building the Berkshire Hathaway of Bitcoin | Twenty One Capital CEO Rapha Zagury

Bitcoin Magazine Building the Berkshire Hathaway of Bitcoin | Twenty One Capital CEO Rapha Zagury…

16 hours ago

Bitcoin Core developer responds to AI & Quantum Risk

Bitcoin Magazine Bitcoin Core developer responds to AI & Quantum Risk Has AI really changed…

16 hours ago