SpaceX Restructures Bitcoin Holdings with New Wallet Transfer

SpaceX has initiated a series of substantial Bitcoin transactions, totaling approximately $450 million, indicating a shift in its digital asset management strategy. This latest move involved sending 281 BTC to a newly created wallet, signaling a reorganization of their holdings. This follows a pattern of large-scale transfers over the past ten days, raising questions about Elon Musk’s intentions and potential future market impacts.