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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
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  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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SpaceX moves $153M in Bitcoin

SpaceX moves $153M in Bitcoin as part of strategic crypto activity in 2025

https://icn.live/wp-content/uploads/2025/07/SpaceX-moves-153M-in-Bitcoin.mp3
  • by ICN.live
Tariq Al-Mansouri

SpaceX moves $153M in Bitcoin, marking its first blockchain action in over three years.

The sudden transfer was detected by Arkham Intelligence and quickly drew attention from the crypto community. The SpaceX-associated wallet moved 1,300 BTC—worth around $153 million—to a new address on Tuesday.

This move sparked speculation. Some believe SpaceX could be restructuring its crypto holdings. Others think this might be part of a broader strategy connected to market conditions. The original wallet remains active, still holding over 6,900 BTC. These are currently worth about $810 million at today’s market price.

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SpaceX’s Bitcoin reawakens curiosity

This transaction is notable because the wallet had been dormant for three years. The timing is also interesting. Bitcoin just hit a new all-time high, briefly crossing $122,800. At the moment, it’s trading above $117,000, according to CoinGecko. The entire crypto market is buzzing, especially after a Satoshi-era whale recently sold 80,000 BTC.

The movement of large sums by long-time holders usually triggers speculation. Is this a simple reshuffle? Or does it signal deeper market intent from one of the world’s most influential private companies?

ANOTHER MUST-READ ON ICN.LIVE: Trump Media $2B Bitcoin Bet Signals Political and Financial High Stakes

SpaceX moves $153M in Bitcoin amid market surge

Both SpaceX and Tesla together hold close to $2 billion in Bitcoin. Tesla alone owns over 11,500 BTC, based on Q1 2025 data. The average purchase price for these assets is around $32,000 per BTC. With Bitcoin now well over $117,000, these positions are deep in the green. That’s more than $1.5 billion in unrealized gains.

Elon Musk has previously hinted at long-term confidence in crypto. This recent activity could be a silent confirmation of that belief. No official statements have been made, but many in the community see this as a bullish signal.

Highlights from Tesla and SpaceX’s crypto journey

Tesla and SpaceX entered the crypto market when Bitcoin was still volatile and polarizing. Their continued hold on these assets reflects strong conviction. Their involvement also adds institutional credibility to the space.

Strategic or reactive? The crypto world is watching. As Bitcoin stabilizes above $117,000, many wonder what SpaceX’s next move will be. Whether the $153M shift was just wallet management or something more tactical remains unclear. What’s certain is that SpaceX is once again a key player to watch on the blockchain.

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Why did SpaceX move $153 million in Bitcoin?

The reason for the transfer isn’t officially confirmed. However, experts believe it may be a wallet reorganization or infrastructure update. It’s not necessarily a sign of selling. Companies often move assets between wallets for internal security or custodial reasons. Still, the move gained attention because the wallet had been dormant for three years. Given the timing—right after Bitcoin hit a new high—some speculate that SpaceX is preparing for future strategic crypto use.

Does this mean SpaceX is planning to sell its Bitcoin?

At this point, there’s no indication of a sell-off. The wallet still holds over 6,900 BTC, valued at $810 million. If SpaceX were preparing to liquidate, the entire balance would likely have moved. Also, there’s been no movement toward centralized exchanges, which are common when preparing to sell. Instead, the new address might be part of a cold storage or internal system update.

How much Bitcoin do SpaceX and Tesla currently hold?

Combined, the two Elon Musk-led companies hold nearly $2 billion in Bitcoin. Tesla owns over 11,500 BTC, while SpaceX’s wallet still contains about 6,900 BTC. Both companies bought Bitcoin at an average price of around $32,000. With Bitcoin currently trading above $117,000, they’re sitting on a huge profit—estimated to be more than $1.5 billion in unrealized gains.

What impact do institutional Bitcoin moves have on crypto gaming?

Large institutional movements, like SpaceX transferring $153M in Bitcoin, validate the crypto space as a serious asset class. This ripple effect boosts investor confidence across all sectors, including crypto gaming. When major players hold or move large amounts of Bitcoin, it raises awareness and draws attention to blockchain ecosystems. For crypto games, this could mean more user interest, stronger funding, and improved token liquidity. The more mainstream crypto becomes, the more viable and attractive play-to-earn games will be for new users and developers alike.

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