As per TheCCPress, SpaceX has executed its third major Bitcoin transfer in 10 days, moving 281 BTC (approximately $31.28 million) on October 30 to a new wallet, likely for custodial security. The transfers, consistent with internal wallet reorganizations, suggest a strategic reorganization aimed at optimizing custodial security and management of digital assets. No official statements have been made by Elon Musk or SpaceX regarding the moves, and the market has shown minimal reaction, with Bitcoin prices stabilizing quickly after temporary dips.
SpaceX Executes Third Major Bitcoin Transfer in 10 Days
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