SpaceX transferred $133.7 million worth of bitcoin on Friday, marking its second major transfer in a week, according to Arkham Intelligence. Earlier, the company moved $268.5 million in BTC, reflecting efforts to consolidate holdings and migrate from legacy wallets.
Arkham estimates SpaceX holds around 6,970 bitcoin worth roughly $770 million. The transfers appear to be part of internal wallet management rather than a sale. Bitcoin was trading at $110,493 as of Friday afternoon.
The activity underscores growing corporate engagement in managing digital reserves with tighter security protocols.
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