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Home»Analysis»Elon Musk spacex moves $ 153 million in Bitcoin for the first time in 3 years
Analysis

Elon Musk spacex moves $ 153 million in Bitcoin for the first time in 3 years

July 22, 2025No Comments
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Main to remember

  • SpaceX transferred $ 153 million to Bitcoin, its first crypto movement in three years.
  • This decision was identified by the Blockchain Arkham analysis company.

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A portfolio linked to SpaceX, Elon Musk’s space exploration company, has moved more than 1,300 Bitcoin (BTC) worth around $ 153 million to a new address on Tuesday, according to Arkham Intelligence data. It is the first chain activity of the portfolio in three years.

The portfolio labeled SpaceX always contains more than 6,900 BTCs, worth around 810 million dollars at current market prices.

Although the reason behind the move is unknown, it is possible that the owner of the portfolio reorganizes his storage infrastructure rather than preparing for a liquidation.

In mid-2025, Tesla and SpaceX held around $ 2 billion in Bitcoin, Arkham previously reported. Tesla currently has around 11,509 BTC, in accordance with the company’s first quarter of the company’s first quarter.

Companies have acquired their bitcoin at an average price close to $ 32,000 per unit and have held these long -term positions, currently being on unpaid profits of almost 1.5 billion dollars.

Elon Musk companies have $ 2 billion in Bitcoin

Tesla and SpaceX contain more than $ 2 billion in combined BTCs. They bought it at an average price of ~ $ 32,000.

Combined, Elon companies have increased by almost $ 1.5 billion on Bitcoin. pic.twitter.com/w8jofptya

– Arkham (@arkham) June 27, 2025

Bitcoin recently exceeded $ 122,800 to a new summit of all time, which prompted a whale from the Satoshi era to collect 80,000 BTC. At the time of the report, the asset was negotiated over $ 117,000, according to Coigecko data.

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