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7h ago

SpaceX Moves Another $94 Million in Bitcoin in Ongoing Weekly Transfers

Analysts say the latest split transaction points to internal custody reshuffling rather than a sale.

SpaceX moves $94M in Bitcoin as weekly transfer pattern continues
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Overview

  • Addresses labeled as SpaceX sent about 1,021 BTC in two outputs of roughly 407 BTC and 614 BTC.
  • Arkham observed one output to a fresh address and the remainder returning as change, a structure consistent with treasury reallocation.
  • The transfers continue a near‑two‑month pattern of roughly $100 million moved weekly following years of dormancy.
  • Holdings estimates diverge, with Arkham showing around 3,991 BTC and BitcoinTreasuries.net listing about 8,285 BTC.
  • Coverage cites speculation about IPO preparations from prior Bloomberg reporting, but SpaceX has not connected the transfers to any listing plans and did not comment.