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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.20

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.