On July 22, 2025, SpaceX, Elon Musk's company, made its first significant Bitcoin transaction in three years, transferring 1,308 $BTC , equivalent to approximately $153 million, to a new address. This was reported by analysts at Arkham Intelligence. The last recorded activity on the SpaceX wallet was on June 10, 2022, when 3,505 BTC were transferred to Coinbase. After the latest operation, the company still holds 6,977 BTC, worth about $815 million, making it one of the largest corporate holders of cryptocurrency.
The purpose of the transfer remains unknown. Experts suggest that it may be an internal restructuring for increased security or an update to cold storage, rather than preparation for a sale. This event coincided with a period of rising Bitcoin prices, trading above $118,000, sparking speculation about the company's strategy.
SpaceX and Tesla, also under Musk's control, together hold over $2 billion in Bitcoin, demonstrating the interest of business giants in cryptocurrencies. The event highlights the evolution of the corporate approach to digital assets.
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