SpaceX (SPCX) apparently moved bitcoin over its wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of its $1.16 billion holdings, signaling no imminent selling.
Data from Arkham Intelligence shows that the largest transfer across addresses labeled as belonging to the company moved 0.00213 BTC, about $135, between two wallets. Another sent 0.00139 BTC, or about $89.
In the third, Coinbase Prime’s escrow service added a SpaceX address with 0.000738 BTC, about $47, the kind of small amount an exchange sends to cover network fees before a larger transaction can go through.
SpaceX went public on June 12 in the largest IPO ever, and its filing put the company’s full bitcoin position on a public balance sheet for the first time. Small movements can attract attention after an IPO, although none of the coins reached a deposit address and none left SpaceX’s control.
The company still has 18,712 BTC. Transfers of this size are usually routine maintenance: funding a wallet to pay fees, consolidating coins across addresses, or testing a signing setup before moving a real balance.
