A previously inactive Bitcoin wallet associated with Elon Musk’s SpaceX has transferred over $153 million in BTC shortly before Tesla's Q2 earnings report. Traders are optimistic that Tesla may have increased its Bitcoin holdings during this period. On-chain analytics from Lookonchain indicates that SpaceX moved 1,308 BTC to a new wallet after three years of dormancy, with the last transaction recorded on June 10, 2022. Currently, SpaceX holds 6,977 BTC, valued at around $822.65 million, making it one of the largest corporate Bitcoin holders, following Tesla's 11,509 BTC worth $1.36 billion. This transaction has reignited discussions about Musk's crypto strategy, especially with Tesla's earnings report due on July 23. Options traders have shown bullish sentiment, with significant call options placed on TSLA. Analysts predict a shift in Tesla's revenue streams, with a potential decline in auto revenue but growth in energy and services. The market is keenly watching for any changes in Tesla's Bitcoin strategy. Read more AI-generated news on: https://app.chaingpt.org/news