Citing AMBCrypto, SpaceX recently moved $94 million in Bitcoin, continuing a weekly pattern of large BTC transfers. According to on-chain intelligence firm Arkham, the aerospace company has been shifting roughly $100 million in Bitcoin weekly for nearly two months. The latest transfer included $37.66 million sent to a new address and $56.82 million as change, suggesting internal reallocation rather than a sale. Arkham’s data also shows SpaceX holds around 3,991 BTC, valued at approximately $369 million, making it one of the largest corporate Bitcoin holders outside of ETFs and public mining firms. Tesla, another Elon Musk-led company, holds over 11,500 BTC, valued at more than $1 billion, with Musk-linked entities collectively holding over $1.4 billion in Bitcoin. The transfers appear to reflect treasury restructuring rather than liquidation, with no evidence of exchange deposits or sell-side pressure.
SpaceX Transfers $94M in Bitcoin, Continues Weekly BTC Movement Pattern
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Summary
SpaceX made a $94M BTC update on-chain this week, continuing its pattern of large Bitcoin movements. According to Arkham, the company has been shifting roughly $100M in BTC news today for nearly two months. The latest transfer included $37.66M to a new address and $56.82M in change, likely an internal reallocation. SpaceX holds 3,991 BTC, valued at $369M. Tesla, also led by Elon Musk, holds over 11,500 BTC. No signs of sales or exchange deposits were detected.
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