SpaceX Moves 1,215 BTC to New Wallets

Blockchain analytics firm Arkham Intelligence reported that a wallet tied to SpaceX moved 1,215 BTC (about $133.7 million) in two transfers — 300 BTC and 915 BTC — to new, unlabeled addresses as part of recent on‑chain movements. Trackers differ on the company’s on‑chain balances, with some listing SpaceX at roughly 8,285 BTC before the moves and others showing holdings nearer to 6,970–7,000 BTC after multiple transfers this week, suggesting active consolidation or reallocation. Analysts have said the shifts could reflect internal restructuring, moves to custodial services (Coinbase Prime has been mentioned), enhanced security steps, or preparatory actions for sales; SpaceX has not commented and destinations remain unlabeled. The activity follows SpaceX’s resumed on‑chain activity earlier this year after a multi‑year hiatus and keeps the company among the largest private corporate Bitcoin holders; Tesla is also reported to hold substantial Bitcoin (about 11,509 BTC).