SpaceX Restructures Bitcoin Wallets Amid IPO Preparations

iconCryptoDnes
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Bitcoin news broke as SpaceX moved over 1,000 BTC in a recent onchain transfer, continuing a months-long wallet restructuring. Funds were split between two new addresses, with analysts pointing to internal reorganization rather than market trading. The company is shifting from legacy addresses to SegWit and Taproot, which offer lower fees and better security. Bitcoin analysis shows SpaceX holds around 3,991 BTC, though recent transfers may affect the total. The move comes as the company prepares for a potential 2026 IPO valued at up to $1.5 trillion.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.