Based on BitcoinWorld, SpaceX recently transferred 281 BTC, valued at approximately $31.28 million, to a new wallet address. This marks the third such transfer within 10 days, with on-chain analysts suggesting the moves are for custody purposes to enhance security and asset management. Analysts from Lookonchain note that the transfers likely reflect a strategic approach to safeguarding corporate Bitcoin holdings.
SpaceX Transfers $31.3M in Bitcoin to New Wallet for Custody Purposes
BitcoinWorldShare
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