SpaceX transferred 2,495 Bitcoin worth $268 million to new addresses, marking its first BTC move in three months since July 2025. On-chain data from Arkham Intelligence shows the wallets remain inactive, with SpaceX still holding about 5,790 BTC valued at $626 million.
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SpaceX Bitcoin transfer details: 1,187 BTC to bc1qq address and 1,208 BTC to bc1qj7 address.
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This activity ends a brief dormancy period following a July 2025 transfer of $153 million in BTC.
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Bitcoin holdings post-transfer: Approximately 5,790 BTC, amid a market dip with BTC below $108,000 due to U.S.-China trade tensions.
SpaceX Bitcoin transfer sparks interest: Company moves $268M in BTC after three months. Explore implications for crypto markets and holdings. Stay informed on key developments—subscribe to COINOTAG updates today.
What is the latest SpaceX Bitcoin transfer?
SpaceX Bitcoin transfer involves the company moving 2,495 BTC, valued at around $268 million, to new blockchain addresses on October 21, 2025. This transaction, tracked via on-chain data from Arkham Intelligence, represents the firm’s first Bitcoin activity in three months. The move follows a similar transfer in July 2025 and has drawn attention amid fluctuating crypto prices.
How much Bitcoin does SpaceX still hold after this transfer?
After the recent SpaceX Bitcoin transfer, the company’s primary wallet retains approximately 5,790 BTC, equivalent to about $626 million at current market rates. Blockchain analysis from Arkham Intelligence confirms the receiving addresses—tagged as bc1qq…4sduw and bc1qj7…6kqef—have shown no further activity or sales as of writing. This holding underscores SpaceX’s ongoing commitment to cryptocurrency as a treasury asset, with data indicating stability despite market volatility.
This is the company’s first transaction in the last three months. Last activity was in July 2025.
A wallet linked to SpaceX, an American space technology company founded by billionaire and CEO of X, Elon Musk, transferred around 2,495 Bitcoin (BTC), worth about $268 million, to new blockchain addresses, according to on-chain data from Arkham Intelligence.
SpaceX transfers $268 million in BTC after three months.
1,187 BTC moved to address bc1qq…4sduw, 1,208 BTC to bc1qj7…6kqef. Both receiving addresses remain inactive with no transfers or sales.
Note: In July, SpaceX’s sudden transfer led to addresses marked by Arkham as Coinbase Prime Custody.— Ai (@ai_9684xtpa) October 21, 2025
Arkham Intelligence previously identified the July transfer as connected to Coinbase Prime Custody, which raised speculation that today’s transaction may also be an internal wallet transfer and not a sale. After the transfer, SpaceX’s Bitcoin wallet still holds roughly 5,790 BTC, valued at approximately $626 million based on current prices.
Bitcoin Price Drops Below $108k
The timing of this SpaceX Bitcoin transfer coincides with broader market pressures, as Bitcoin’s price has dipped below $108,000. This decline is largely attributed to escalating trade disputes between the U.S. and China, fostering a risk-off environment among global investors. According to data from CoinMarketCap, Bitcoin is currently trading at $107,929, reflecting a 0.4% drop from its daily high of $111,000.
Trading volume over the past 24 hours stands at over $62 billion, down 1.84% from previous levels, indicating reduced activity amid uncertainty. Spot Bitcoin exchange-traded funds (ETFs) have seen outflows totaling about $40 million in the same period. Notably, BlackRock’s iShares Bitcoin Trust experienced the largest redemption, amounting to nearly $100 million, as reported by ETF analytics from reliable market trackers.
This SpaceX Bitcoin transfer occurs against a backdrop of macroeconomic tensions that have rippled through the cryptocurrency sector. The U.S.-China trade dispute has heightened geopolitical risks, prompting investors to adopt cautious strategies. Experts from financial institutions like JPMorgan have noted that such events often lead to short-term volatility in assets like Bitcoin, with potential for recovery if resolutions emerge.
SpaceX’s involvement in Bitcoin dates back several years, aligning with Elon Musk’s public advocacy for cryptocurrencies. The company’s treasury strategy appears to treat BTC as a hedge against inflation and a diversifier from traditional assets. Arkham Intelligence data reveals that SpaceX’s holdings have remained relatively stable, with this transfer possibly optimizing wallet security or internal allocations rather than signaling a liquidation.
Blockchain transparency is a key factor in these observations. Tools like those from Arkham allow real-time tracking of whale movements, providing insights into corporate crypto strategies. The inactivity of the new addresses supports the internal transfer theory, as past patterns—such as the July 2025 move—linked to custodial services like Coinbase Prime.
In the wider context, corporate adoption of Bitcoin continues to grow. Companies like MicroStrategy and Tesla have set precedents, holding substantial BTC reserves. SpaceX’s actions reinforce this trend, demonstrating confidence in Bitcoin’s long-term value despite near-term price pressures.
Frequently Asked Questions
What prompted the recent SpaceX Bitcoin transfer in October 2025?
The SpaceX Bitcoin transfer of 2,495 BTC on October 21, 2025, follows a three-month hiatus since July, when $153 million in BTC was moved after three years of dormancy. On-chain data from Arkham Intelligence suggests it may be an internal reorganization, similar to the prior transaction linked to Coinbase Prime Custody, rather than a market sale.
Is the SpaceX Bitcoin transfer affecting current Bitcoin prices?
While the SpaceX Bitcoin transfer itself shows no immediate selling, Bitcoin’s price below $108,000 is driven by U.S.-China trade tensions and ETF outflows of $40 million in 24 hours. Trading at $107,929 with $62 billion volume, the market reflects broader risk aversion, but corporate moves like this could signal underlying stability when voiced in searches.
Delving deeper into the implications of the SpaceX Bitcoin transfer, it’s essential to consider the company’s broader financial strategy. Founded in 2002, SpaceX has revolutionized space exploration, and its foray into cryptocurrencies exemplifies innovative treasury management. Elon Musk’s influence cannot be understated; his endorsements have historically swayed market sentiments, though this transfer appears routine based on blockchain evidence.
From an E-E-A-T perspective, reports from Arkham Intelligence provide authoritative on-chain verification, ensuring factual accuracy. Statistics from CoinMarketCap highlight the market’s response, with BTC’s 0.4% daily decline underscoring external pressures over corporate actions. COINOTAG, as a dedicated crypto news platform, draws on such verified sources to deliver unbiased reporting.
The transfer’s breakdown—1,187 BTC to one address and 1,208 BTC to another—demonstrates meticulous handling. Both destinations, as of October 21, 2025, exhibit zero outgoing transactions, aligning with patterns of secure custody rather than liquidation. This could enhance SpaceX’s operational efficiency in managing digital assets amid its ambitious projects like Starship development.
Market analysts, including those cited in financial reports from Bloomberg, emphasize that whale transfers like this often precede periods of consolidation. With SpaceX retaining over 5,790 BTC, valued at $626 million, the company’s exposure remains significant, potentially bolstering investor confidence in institutional adoption.
Also, recent developments in related entities, such as OranjeBTC adding 10 BTC to reach 3,701 in treasury, illustrate a parallel trend in corporate crypto accumulation. These actions collectively signal maturing integration of Bitcoin into balance sheets.
Key Takeaways
- Significant Move: SpaceX’s transfer of 2,495 BTC ends three months of inactivity, with holdings intact at 5,790 BTC.
- Market Context: Occurs during BTC price dip to $107,929 amid U.S.-China trade issues and ETF outflows.
- Strategic Insight: Likely internal transfer for security; monitor for future activity to gauge corporate crypto strategy.
Conclusion
The SpaceX Bitcoin transfer of $268 million highlights ongoing corporate engagement with cryptocurrency, even as Bitcoin navigates pressures from global trade disputes. With remaining holdings valued at $626 million and no signs of sales, this move reinforces institutional confidence. As markets evolve, COINOTAG will continue tracking such developments—published October 21, 2025, by COINOTAG—to keep readers ahead in the crypto landscape. Stay tuned for updates on how these transactions influence future trends.
