SpaceX Shuffles $268M Bitcoin Deck: Internal Move Solidifies $625M Crypto War Chest
#Elon Musk's SpaceX executed a major internal Bitcoin transfer on October 21, 2025, moving 2,495 BTC (approximately $268 million) to two new, inactive digital wallets. This action, following a three-month pause in activity, is being interpreted by analysts as a strategic security or treasury management reorganization, not a selloff.
Despite the recent transfer, SpaceX still holds an estimated 5,790 BTC, valued at roughly $625 million, demonstrating its continued long-term institutional commitment to the cryptocurrency. The move occurred while Bitcoin's price was under pressure, recently dipping to around $107,700 amidst a market slump.
