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Elon Musk’s SpaceX Moves $153 Million in Bitcoin for First Time in Over Three Years

From financemagnates.com

A Bitcoin wallet linked to space company SpaceX has moved over $150 million worth of Bitcoin for the first time in more than three years, marking its first recorded activity since mid-2022. The recent transaction has drawn attention in cryptocurrency circles, raising questions about the company’s intentions with its significant bitcoin holdings. According to blockchain analytics platform Arkham, SpaceX transferred 1,308 Bitcoins (BTC) from a wallet identified as controlled by the company to a previously inactive address. The transaction marks the first outbound Bitcoin movement since June 10, 2022, when SpaceX ... (full story)

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