SpaceX Transfers $268 Million in Bitcoin After Three-Month Hiatus

2025-10-21 14:38

SpaceX has transferred $268 million worth of Bitcoin, marking its first significant movement in three months. The transaction involved 1,187 BTC sent to an address starting with bc1qq and 1,208 BTC to an address starting with bc1qj7. Both receiving addresses have not yet moved or sold the Bitcoin. In a similar transaction in July, the receiving address was identified by Arkham as belonging to Coinbase Prime Custody, suggesting this latest transfer might also be a routine wallet reorganization.

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