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SpaceX Conducts Second Major Bitcoin Transfer This Week: Possible Wallet Reorganization

2025/10/26 22:01
CoinPost
Written by L.Kikutani
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SpaceX Conducts Second Major Bitcoin Transfer This Week: Possible Wallet Reorganization

Another Transfer

According to Arcam Intelligence, Elon Musk's aerospace company SpaceX transferred Bitcoin worth $133.7 million (approximately 20.4 billion yen) on the 24th. This marks the second major transfer in less than a week.

The company had also moved about $268.5 million (approximately 42 billion yen) worth of Bitcoin (BTC) on the 21st, which was the first such activity since July. According to Arcam's data, SpaceX currently holds about 6,970 BTC.

Several analysts have suggested that SpaceX is merely consolidating its Bitcoin, transitioning from old wallet addresses to new ones as part of their management strategy.

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Iolite Vol.16

Iolite Vol.16

November 2025 issueReleased on 2025/09/30

Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.16

November 2025 issueReleased on 2025/09/30
Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.