Elon Musk’s SpaceX has shifted greater than $133 million in Bitcoin, blockchain analytics agency Arkham Intelligence reported Friday.
Key Takeaways:
- SpaceX moved $133.7 million in Bitcoin throughout a number of new wallets, in line with Arkham Intelligence.
- The explanation for the transfers stays unclear, with hypothesis starting from inner restructuring to enhanced safety measures.
- SpaceX now holds 8,285 BTC value about $914 million, making it one of many largest personal company Bitcoin holders.
The transactions concerned 1,215 BTC despatched to a number of new addresses, simply days after the corporate executed an analogous switch to wallets underneath its management.
“SpaceX simply moved funds totaling $133.7 million,” Arkham stated on X. “They transferred 300 BTC ($33M) and 915 BTC ($100.7M) to new wallets.”
New SpaceX Bitcoin Wallets Unlabeled After $133M Switch
In contrast to earlier transfers this week, the vacation spot wallets are usually not labeled as belonging to the Hawthorne, California-based aerospace firm.
Earlier than the transfer, SpaceX held roughly 8,285 BTC, valued at round $914 million, rating it fourth amongst privately held firms with Bitcoin treasuries, in line with BitcoinTreasuries.web.
The corporate as soon as held as a lot as 25,000 BTC in 2022 earlier than consolidating and lowering its on-chain steadiness to present ranges.
After years of inactivity, SpaceX resumed restricted Bitcoin motion earlier this yr, its first recorded on-chain exercise since 2021.
The explanation for the most recent transfers stays unclear. SpaceX has not commented on whether or not the shift signifies a sale, inner restructuring, or enhanced safety measures for its crypto holdings.
ARKHAM ALERT: SPACEX MOVING $130M $BTC
SPACEX JUST MOVED FUNDS TOTALLING $133.7M. THEY TRANSFERRED 300 BTC ($33M) AND 915 BTC ($100.7M) TO NEW WALLETS
THIS COMES 3 DAYS AFTER THEIR LAST MOVE OF 100 BTC pic.twitter.com/YplK8QAdvn— Arkham (@arkham) October 24, 2025
One other Musk-led firm, Tesla, additionally maintains important Bitcoin publicity, with 11,509 BTC valued at over $1.27 billion, inserting it simply exterior the highest ten publicly traded companies holding Bitcoin.
Earlier this yr, Tesla recorded greater than $600 million in quarterly income after revaluing its holdings underneath up to date accounting guidelines.
Bitcoin traded barely decrease on Friday, down 0.3% to $110,541, about 12% under its all-time excessive of $126,080.
SpaceX’s Foray into Bitcoin
SpaceX first made headlines in 2021, when Elon Musk revealed that the corporate held Bitcoin, although he stopped in need of giving exact figures.
Subsequent reporting uncovered that by early 2021, SpaceX had amassed round 25,724 BTC, estimated on the time to be value roughly $373 million
Nevertheless, the agency reportedly wrote down $373 million in Bitcoin holdings throughout 2021 and 2022 and will have bought all or most of it, in line with paperwork reviewed by The Wall Road Journal.
The report reveals the agency had recorded these BTC belongings on its steadiness sheet, although it’s unclear if your complete stash was liquidated.
Elon Musk had publicly confirmed SpaceX’s Bitcoin funding in 2021 following Tesla’s $1.5 billion BTC buy, which coincided with Bitcoin reaching then-record highs.
Tesla later bought 75% of its Bitcoin in Q2 2022 for $936 million, retaining solely $184 million value. Musk, a vocal crypto advocate, has ceaselessly influenced markets together with his commentary on Bitcoin and Dogecoin.
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