Big moves on the blockchain — literally. According to Foresight News and data from Arkham, a wallet linked to SpaceX has just transferred $152 million worth of Bitcoin, marking its first activity in three years.
This sudden movement raises a lot of questions. SpaceX has been known to hold $BTC since at least 2021, when Elon Musk confirmed the company had added Bitcoin to its balance sheet. However, after years of silence, this transfer could hint at internal treasury shifts, potential sales, or strategic positioning ahead of market changes.
Some speculate this may be related to broader corporate restructuring or simply taking advantage of Bitcoin's current price levels. Others wonder if it's tied to funding, collateral, or even IPO planning.
No official word from Musk or SpaceX yet, but one thing’s clear — when a major player like this makes a move, the crypto world watches closely.
I’ll be keeping an eye on any follow-up activity. What do you think SpaceX is up to?