Elon Musk’s SpaceX Moves Bitcoin Holdings for First Time in 3 Years

Key Points

1. SpaceX transferred 1,308 BTC from 16 addresses to a single SegWit-compatible wallet.

2. The company now holds 8,285 Bitcoin, valued at approximately $988.89 million.

3. This is SpaceX's first Bitcoin transaction since June 2022, when it moved over 3,500 tokens.

4. SpaceX first disclosed its Bitcoin holdings in July 2021.

5. Elon Musk's Tesla also holds $1.37 billion in Bitcoin.

6. Bitcoin's price was recently around $119,800, up 2% in 24 hours and 21% over the past period.