“These maneuvers are ongoing. SpaceX, Elon Musk’s aerospace company, continues to intrigue the crypto world. Indeed, according to Arkham Intelligence, the company once again transferred millions of dollars in bitcoins. This comes just days after SpaceX transferred $270 million worth of bitcoins. These large-scale maneuvers still remain unclear. The key points of this […]”, — write: businessua.com.ua
These maneuvers are ongoing. SpaceX an aerospace company Elon Musk continues to intrigue the crypto world. Indeed, according to Arkham Intelligence, the company is at it again turned bitcoins into millions of dollars . This happened only a few days after SpaceX transferred $270 million worth of bitcoins . These large-scale maneuvers still remain unclear.
Key points of this article:
- SpaceX recently transferred millions of dollars in bitcoins, continuing to take the cryptosphere by storm incomprehensible steps.
- Despite these repeated transfers, Elon Musk’s company still has a significant reserve of bitcoins, leaving its future intentions shrouded in mystery.
Are SpaceX’s BTC Moves Concealing a Secret Strategy? According to network transaction tracking data provided Arkham Intelligence (see below), an aerospace company SpaceX moved more 281 bitcoin this Thursday, October 30, 2025. So they were moved out of storage Coinbase Prime (Coinbase’s institutional service) to a new wallet (or at least to a new address that was previously unknown).
But this bitcoin transfer in the amount of 31 million dollars is not an isolated incident. In fact, SpaceX did multiple bitcoin transfers in recent weeks. Elon Musk’s company still keeps 7258 bitcoins, according to Arkham Intelligence. It’s almost 785 million dollars at the current exchange rate. It is worth noting that the transferred bitcoins may not have been sold, but simply stored elsewhere .
SpaceX lists another 281 BTC. – Source: intel.arkm.com
Elon Musk and Bitcoin: a whirlwind love story It is not the first time that the eccentric billionaire behind SpaceX has boldly used Bitcoin. In 2021, his other company Tesla, announced which will accept Bitcoin as a payment method for their electric cars. He later changed his stance citing the environmental issues surrounding Bitcoin mining, – problems that were later solved .
Elon Musk also continues to play an influential role in the cryptocurrency market, more or less unintentionally, in particular with his tweets about Dogecoin (DOGE), memcoin with a smiling shiba dog logo.
But this latest move by SpaceX begs the question . Does the company plan to use these BTC funds selling them to finance space projects? Is Elon Musk preparing an unexpected announcement that could shake the market, for example strategic bitcoin reserve ?
One thing can be said for sure: every move on Tesla and SpaceX bitcoin assets closely watched by crypto investors around the world. While Elon Musk’s intentions remain shrouded in mystery, the market will remain tense for now. Is it a simple reorganization or a more strategic move ? Only time will tell.
Source: journalducoin.com
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