SpaceX Moves $102 Million in Bitcoin to Two New Wallets

SpaceX recently transferred 1,163 Bitcoin, worth approximately $102 million, into two newly created wallets. This action, tracked by blockchain analytics platform Nansen, signals the company’s continued engagement with its Bitcoin holdings. The transfer was a single event distributed between the two new addresses. While the precise reason remains unclear, it is possible that this is part of internal restructuring, secure custody shifts, or an overall strategy for managing its crypto assets.