The post SpaceX Moves 1,308 Bitcoin After Three Years Of Silence appeared on BitcoinEthereumNews.com.

SpaceX moved 1,308 BTC ($153 million) into a new Bitcoin wallet about two hours ago. It is also the first on-chain movement made by SpaceX since 2022.  With the move, a three-year hibernation period comes to an end, and new news is brought out concerning the treasury policy of the company and future intents regarding its crypto reserves. The Final Big Step of SpaceX   The last time the company had been known to be active was in the period between May 25 and June 10, 2022, when SpaceX had sent 17,314 BTC, which was worth $510.65 million at that point, to Coinbase.  The quoted price of Bitcoin was about 28,490 dollars during that period, which implies that the company rebalanced or partially sold positions at the time. Its wallets had not been active since then, but the large outbound transaction came today. Remaining Holdings Exceed $820 Million The company reportedly has about 6,977 BTC in addresses that on-chain analysts monitor despite the transaction today. The stash keeps the aerospace company on the list of bigger corporate owners of Bitcoin, though speculations are running high as to whether the latest transfer pre-announces further sales, restructuring within the organization, or just improvement in managing cold storage. What the Transfer Might Signal There are three reasons to consider at the moment for this transaction: Liquidity management: SpaceX might have taken the money out for collateral, over-the-counter (OTC) deals, or treasury diversification. Security rotation: Periodically transporting money is one of the protection measures that large treasuries usually apply. There may be disposal or deployment. In case the money will be transferred to an exchange later, SpaceX can sell or hedge, and in case it is transferred to custodial or smart contract wallets, the company might be trying out new yield or settlement models. Until…

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Filed under: News - @ July 23, 2025 12:28 am