SpaceX made headlines again, and yes, it’s about Bitcoin. After three months of silence, a wallet linked to SpaceX suddenly came alive, moving a massive 2,395 BTC worth about $268 million. These quick transfers have sparked curiosity about SpaceX’s plans.
The move comes shortly after another significant Bitcoin transfer in July, where SpaceX shifted 1,308 BTC (approximately $152 million) for the first time in three years.
A Look at the Transfers
This time, SpaceX (or a wallet tied to it) sent 1,187 BTC to one address, bc1qq…4sduw, and 1,208 BTC to another, bc1qj7…6kqef. Both receiving wallets have remained untouched; no selling or further transactions so far.
SpaceX 时隔三个月再次转出价值 2.68 亿美元的 $BTC
其中 1187 枚 BTC 已转移至地址 bc1qq…4sduw，1208 枚转移至地址 bc1qj7…6kqef，目前两个接收地址都暂未转移或卖出
不过需要注意的是：七月时 SpaceX 的突发转账，其接收地址已被 Arkham 标记为 Coinbase Prime Custody… https://t.co/ZerD9mJcSB pic.twitter.com/D0L2mnLEOa
— Ai 姨 (@ai_9684xtpa) October 21, 2025
Arkham Intelligence marked the wallet from SpaceX’s July transfer as a Coinbase Prime Custody address. That suggests these transfers could be internal storage management rather than market sales. In other words, SpaceX might be reorganizing how it stores its Bitcoin, not offloading it.
What’s Known?
According to Arkham, SpaceX held around 6,977 BTC (worth about $815 million) after the July move. Following this latest $268 million transfer, its on-chain balance dropped to about 5,790 BTC, valued near $626 million.
好消息🤩
– 地址不是中本聪的坏消息😱
– 他的 BTC 仓位是微策略的13.4%，是中本聪的 6.35%
– 地址似乎归属于「独立矿工」
– 其成本低至 0.78 美金，盈利超 14 万倍
– 这 8 万枚 BTC 的价值是 86.2 亿，币安近 24 小时 BTC 的现货交易额是 10 个亿你永远猜不到市场砸盘的原因，LMAO https://t.co/WHsCZT5m0X pic.twitter.com/mPOSpIcmKw
— Ai 姨 (@ai_9684xtpa) July 4, 2025
However, SpaceX has not yet confirmed the purpose of these transfers. Analysts can’t confirm whether this is a custody reshuffle or a treasury change. It might also be preparation for something bigger. Since the new wallets haven’t moved their BTC, most experts lean toward a wallet cleanup rather than a sale.
Why the Market Is Paying Attention
When a company like SpaceX associated with Elon Musk moves hundreds of millions in Bitcoin, it sparks instant speculation. Large corporate wallets influence how people read the market. Since SpaceX hasn’t sold any coins, analysts see it as a security move, not a bearish one.
JUST IN: Elon Musk’s SpaceX transfers 2,495 Bitcoin worth $268 MILLION to a new wallet 👀 pic.twitter.com/Jpnk5XTva4
— Bitcoin Archive (@BTC_Archive) October 21, 2025
Conclusion
The recent move by SpaceX on Bitcoin has brought both interest and uncertainty. SpaceX sold no coins, and with wallets tied to Coinbase custody, it likely made a technical reshuffle, not a sell-off. However, in the crypto space, such large transactions never leave traders with much to guess. Whether strategy or routine, SpaceX’s Bitcoin ties still cause a scene.
Disclaimer
The information provided by Altcoin Buzz is not financial advice. It is intended solely for educational, entertainment, and informational purposes. Any opinions or strategies shared are those of the writer/reviewers, and their risk tolerance may differ from yours. We are not liable for any losses you may incur from investments related to the information given. Bitcoin and other cryptocurrencies are high-risk assets; therefore, conduct thorough due diligence. Copyright Altcoin Buzz Pte Ltd.
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