Elon Musk’s SpaceX moves 1,163 Bitcoin worth $105M
Crypto Briefing
SpaceX transferred 1,163 Bitcoin, valued at $105 million, to a new wallet, likely for custody improvements.Summary
A crypto wallet linked to Elon Musk's SpaceX recently moved 1,163 Bitcoin, equivalent to about $105 million, to a new address, following a larger transfer of $268 million in BTC last month. Analysts suggest this movement indicates an improved custody strategy by the space exploration company rather than an intent to liquidate assets. Following this latest transaction, the primary labeled SpaceX wallet now holds 6,095 Bitcoin, valued near $553 million. This wallet had resumed activity in late July after a three-year dormancy period, during which it sent out $153 million worth of Bitcoin.
(Source：Crypto Briefing)