22.07.2025 10:06

A significant cryptocurrency transaction recently involved SpaceX, the aerospace manufacturer founded by Elon Musk. After a three-year period of inactivity, a dormant SpaceX Bitcoin wallet holding 1,308 BTC, valued at approximately $153 million at the time of transfer, was activated and the funds moved to a new wallet. This transfer occurred while Bitcoin's price hovered around $118,000.

This substantial movement represents a fraction of SpaceX's total Bitcoin holdings. According to data from Arkham, a blockchain analytics firm, SpaceX currently holds 6,977 BTC, amounting to roughly $821.12 million, securely stored through Coinbase Prime Custody. This represents a slight decrease of 1.26% in portfolio value from recent peaks. The recent transfer follows earlier large transactions, totaling several thousand BTC, three years prior.

Analysis of SpaceX's transactional history reveals a pattern of substantial Bitcoin accumulation during the 2021 bull market, reaching a peak of approximately 25,724 BTC. This strategy mirrored Tesla's corporate treasury approach to Bitcoin adoption at the time. However, the current holdings represent a considerable reduction from these earlier peak levels.

The activity underscores SpaceX's past involvement in the cryptocurrency market. While Elon Musk's personal views on Bitcoin have evolved over time, the company's actions clearly indicate a strategic interest in the asset, at least during a period of significant price appreciation. This recent movement, however, suggests a shift in strategy, the reasons behind which remain unclear and open to interpretation by market analysts. The information presented here was gathered from internet sources.