SpaceX has moved 1308 bitcoins worth about $ 153 million, in the first activity of Onchain for three years. The movement was marked by Arkham Intelligence that follows the company’s wallets.
Bitcoin (BTC) was withdrawn from 16 addresses from Pay-Public-Key-Hash (P2PKH) and consolidated in a single payment address for publication with payments. BTC movement from 16 separate addresses to one can facilitate management and perhaps cheaper spending of funds later.
While the reason for the transfer of assets is unclear, the nature of the transfer suggests strategic adaptation than the reactive action.
Spacex is a private aviation company founded by Elon Musk in 2002. The company first revealed its BTC Holdings in July 2021 together with Tesla. The purchase was part of a wider Musk strategy consisting in the diversification of the assets of his companies and supporting the reception of cryptography.
Neither Spacex nor Musk commented on the transfer.
Contract voltages grow as Pentagon Eyes Spacex Alternatives
The SpaceX decision to consolidate its Bitcoin Holdings comes when the company moves in the growing political uncertainty.
At the beginning of June, the administration of US President Donald Trump reportedly threatened to review or cancel around $ 22 billion in SpaceX contracts Among the dispute between Trump and Musk on the X. Although most of the contracts were considered “too critical for the US interests to eliminate”, the episode signaled the growing political tension and asked questions about the long -term SpaceX position in the US government.
https://www.youtube.com/watch?v=DBYVWY_BR7Q
Today, Pentagon has announced his decision to diversify his partners in the Golden Dome rocket defense system, a rocket defense initiative in the amount of $ 175 billion to build a space network of satellites for detecting and tracking the upcoming threats.
Reported by ReutersFears of “excessive rely on SpaceX” prompted Trump’s administration to open offers at other suppliers, ensuring that the golden dome is not dependent only on SpaceX.
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From Memecoins to Stablecoin Rails
Since Bitcoin Bull 2021, the relationship between Elon Musk and Crypto was not basic. His early tweets supporting Dogecoin sent a glimmer memecoin 30% After its appearance in the comedy television program “Saturnay Night Live”.
In the same year, Tesla He announced the purchase of Bitcoin worth $ 1.5 billion and briefly accepted BTC as a payment. The decision was soon reversed over the environment worriesAnd some of the company’s shares were sold.
After obtaining Twitter in 2022 and changing the brand as X, Musk began to arrange the foundations under a wider financial ecosystem. X secured licenses for a money transmitter in the USA, and the backend code revealed the early development of the native cryptographic portfolio. Although no cryptographic functions have been launched publicly, blockchain integration remains part of a long -term vision.
In Podcastie in 2024, Venture Capital Capital Chamath Palhapitiya said that Spacex uses Stablecouins to collect Starlink payments as a result of appearing marketsbypassing customary banking rails. “They don’t want to deal with sending wires … so they turn into Stablecouins,” he said.
Today, SpaceX is estimated to hold About 6,977 BTC worth about $ 815 million, positioning it quietly among the largest Bitcoins corporate owners.
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