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Elon Musk’s SpaceX shifted 1,308 bitcoin—worth about $153 million at current prices—out of a long-dormant company wallet on 22 July, blockchain data compiled by Arkham Intelligence show. The address had not sent funds since June 2022, making the move the rocket company’s first recorded on-chain transaction in more than three years. Arkham’s analysis indicates the transaction was an internal reorganisation rather than a sale, as SpaceX’s aggregate balance remains roughly unchanged at 6,977 BTC, valued near $818 million. The tokens are held under Coinbase Prime custody, suggesting the company is updating its treasury management structure rather than liquidating its crypto reserve.
🚨JUST IN: SPACEX’S LABELED ADDRESS TRANSFERS $153M IN BITCOIN TO A NEW ADDRESS - ARKHAM INTELLIGENCE
NEW: One of SpaceX’s bitcoin wallets just moved over $150 million worth of $BTC in its first on-chain activity in more than three years, by @shauryamalwa https://t.co/I1FSSAd9I4
SPACEX MOVES $153M IN BITCOIN AFTER THREE YEARS OF INACTIVITY SpaceX transferred 1,308 BTC (~$153M) today from its labeled wallet to a new, unlabeled address, its first outbound on-chain move since June 2022. This reactivation signals renewed treasury activity by the Elon https://t.co/cNA1hkTbmX https://t.co/yhLicHh8Rq
