{"id":47161,"date":"2025-10-26T09:57:43","date_gmt":"2025-10-26T09:57:43","guid":{"rendered":"https:\/\/www.nsemgh.com\/?p=47161"},"modified":"2025-10-26T09:57:45","modified_gmt":"2025-10-26T09:57:45","slug":"elon-musks-spacex-shakes-up-bitcoin-market-with-133-million-transfer","status":"publish","type":"post","link":"https:\/\/www.nsemgh.com\/2025\/10\/26\/elon-musks-spacex-shakes-up-bitcoin-market-with-133-million-transfer\/","title":{"rendered":"Elon Musk&#8217;s SpaceX Shakes Up Bitcoin Market With $133 Million Transfer"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>SpaceX<\/strong>, the space exploration company led by\u00a0<strong>Elon Musk<\/strong>, has reportedly transferred over $133 million in\u00a0<strong>Bitcoin<\/strong>\u00a0(CRYPTO:\u00a0BTC), causing a stir in the cryptocurrency market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The blockchain analytics firm Arkham Intelligence disclosed that SpaceX moved a total of 1,215 Bitcoin to various addresses. This transfer occurred merely days after the company relocated a similar quantity to addresses under its control.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On Friday, the firm announced via X, \u201cSpaceX&nbsp;just moved funds totalling $133.7&nbsp;million. They&nbsp;transferred 300 BTC ($33M) and&nbsp;915 BTC ($100.7M) to new&nbsp;wallets.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Notably, unlike SpaceX\u2019s previous transfers,&nbsp;the new wallets are not&nbsp;currently identified&nbsp;as belonging to the Hawthorne,&nbsp;California-based company.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before these transfers, SpaceX held 8,285 BTC, valued at roughly $914 million, ranking it&nbsp;fourth on the list of&nbsp;privately held companies with Bitcoin&nbsp;treasuries, as per data from BitcoinTreasuries.net.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile,&nbsp;<strong>Tesla Inc.<\/strong>&nbsp; also holds a substantial Bitcoin portfolio, with 11,509 BTC, valued at over $1.27 billion.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">SpaceX\u2019s massive Bitcoin transfer is significant as it could potentially impact the Bitcoin market. The company\u2019s previous Bitcoin holdings placed it among the top private companies with Bitcoin treasuries.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Any changes in such a large portfolio could cause market fluctuations. Furthermore, the transfer raises questions about SpaceX\u2019s future plans for its Bitcoin holdings. The company\u2019s silence on the matter has led to speculation about potential sales or investments.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This move also highlights the growing trend of major corporations investing in Bitcoin, with Tesla Inc. also maintaining a substantial Bitcoin portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SpaceX, the space exploration company led by\u00a0Elon Musk, has reportedly transferred over $133 million in\u00a0Bitcoin\u00a0(CRYPTO:\u00a0BTC), causing a stir in the cryptocurrency market. The blockchain analytics firm Arkham Intelligence disclosed that SpaceX moved a total of 1,215 Bitcoin to various addresses. This transfer occurred merely days after the company relocated a similar quantity to addresses under [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":23538,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_post_source_name":"","_post_source_url":"","footnotes":""},"categories":[61],"tags":[6378,9297,2848,8918,5806,7396,4119,3577,10742,7259,5277,5470,7216,5351,10353],"class_list":["post-47161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-bitcoin","tag-blockchain","tag-california","tag-crypto","tag-cryptocurrency","tag-data","tag-elon-musk","tag-future","tag-market","tag-musk","tag-quantity","tag-space","tag-spacex","tag-tesla","tag-x"],"blocksy_meta":[],"_links":{"self":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47161","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/comments?post=47161"}],"version-history":[{"count":1,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47161\/revisions"}],"predecessor-version":[{"id":47163,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/posts\/47161\/revisions\/47163"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media\/23538"}],"wp:attachment":[{"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/media?parent=47161"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/categories?post=47161"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nsemgh.com\/api-json\/wp\/v2\/tags?post=47161"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}