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Elon's SpaceX Moves $94 Million Worth of Bitcoin, Possibly Related to IPO?

2025/12/11 14:48 (Updated 2025/12/11 18:01)
CoinPost
Written by A.Yamada
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Elon's SpaceX Moves $94 Million Worth of Bitcoin, Possibly Related to IPO?

Bitcoin Transfers Conducted Over the Past Two Months

On the 10th, Elon Musk's aerospace company SpaceX transferred approximately $94 million (about 14.6 billion yen) worth of the cryptocurrency Bitcoin (BTC). The company has conducted several large-scale transfers since October.

Blockchain analytics firm Arkham identified two Bitcoin addresses owned by SpaceX, to which a total of about 1,021 BTC were sent. The breakdown was 407 BTC and 614 BTC respectively.

Arkham points out that for about the last two months, SpaceX has been moving approximately $100 million worth of Bitcoin each week. Since July, SpaceX has been transferring Bitcoin...

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Iolite Vol.17

Iolite Vol.17

January 2026 issueReleased on 2025/11/29

Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.

MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.