According to Arkham Intelligence, SpaceX recently moved a small amount of Bitcoin for the first time in about six months. The company conducted three transactions, the largest being 0.00213 BTC worth approximately $135. Notably, no Bitcoin flowed into exchange addresses, suggesting no immediate plans to sell. Analysts believe such transactions are usually wallet maintenance activities such as topping up gas fees or merging addresses, rather than asset selling.



SpaceX currently holds about 18,712 BTC worth approximately $1.16 billion, which was disclosed after its initial public offering on June 12. This holding has a cost basis of about $661 million, equivalent to about $35,000 per BTC.
SPCX-2.09%
BTC1.19%
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