Elon Musk's SpaceX transferred $133.7 million worth of #bitcoin on Friday. The firm transferred nearly $270 million of bitcoin earlier this week. Elon Musk's spaceflight company SpaceX transferred $133.7 million worth of #bitcoin on Friday, its second significant bitcoin transfer in days, according to Arkham Intelligence.

On Tuesday, SpaceX transferred approximately $268.5 million in #bitcoin , the largest transfer since July. SpaceX holds approximately 6,970 bitcoin worth approximately $770 million, reports Arkham. Bitcoin $BTC +0.65% traded at $110,493.92 as of 1:31 p.m. ET, reports The Block Price Page.

It appears SpaceX is simply transferring #bitcoin in an attempt to aggregate its $BTC as it re-routes the cryptocurrency from old, legacy #wallet addresses to new, more modern ones.

News Update by The Block.