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SpaceX Moves Another $134M In Bitcoin To New Wallets

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SpaceX Moves Another $134M In Bitcoin To New Wallets
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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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Written by
Ruchi Sharma -

Ruchi Sharma is a seasoned media professional with over 20 years of experience in the industry, including 4 years dedicated to Blockchain Industry and Web3. Holding a Master’s degree in Mass Communication and a Bachelor’s degree in Commerce, Ruchi combines academic excellence with a dynamic career that spans across roles as an Anchor, Writer, Correspondent, and Producer.

Her transition into the blockchain sector reflects a deep passion for emerging technologies, with a sharp focus on NFTs, Blockchain innovation, and Decentralized ecosystems. Leveraging her extensive media background, Ruchi excels at breaking down complex concepts into engaging narratives, making her a trusted voice for audiences navigating the fast-evolving Web3 space.

Known for her editorial precision and journalistic depth, Ruchi brings a rare blend of storytelling expertise and technical insight, ensuring her work remains impactful, informative, and forward-looking in the rapidly transforming digital economy.

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