SpaceX Moves $134 Million in Bitcoin – A Surprise Move Amid BTC Accumulation
SpaceX, the aerospace company founded by Elon Musk, has once again stirred up the crypto community after transferring $134 million worth of Bitcoin to a new wallet on October 24, 2025, according to data from Arkham Intelligence.
🚀 Three Months of Silence and a Surprise Move
After nearly three months of no significant on-chain activity, SpaceX made two major moves in just one week. The company moved a total of $268 million in Bitcoin, including two separate transactions:
300 BTC (~$33 million)
915 BTC (~$101 million)
The destination wallets are all new, unlabeled addresses, sparking speculation about SpaceX’s strategy for storing and restructuring its digital assets.
💡 Analysts: This is more than just a technical transaction
According to blockchain experts, large-scale movements from institutional wallets like SpaceX are often not random.
A number of hypotheses have been put forward:
A restructuring of cold storage wallets to enhance security ahead of a bull run.
Preparing for the use of BTC in payments or capital reserves.
Reallocating digital assets among entities affiliated with Elon Musk's ecosystem such as X (Twitter) or xAI.
On-chain analyst Colin Wu commented:
“This could be a move to prepare for Musk's long-term treasury strategy, which has shown strong faith in Bitcoin as a global currency.”
🪙 Impact on the market and investor sentiment
Following this news, Bitcoin on-chain trading volume increased by nearly 18%, indicating a widespread euphoria in the market. BTC price recorded a slight increase of 0.5% in 24 hours, hovering around $67,800, suggesting that investors are viewing this as a positive signal from institutions.
SpaceX was revealed to hold hundreds of millions of dollars in Bitcoin in its 2023 financial report. If the recent moves are related to portfolio restructuring, it suggests that the company is strengthening its position with Bitcoin as a strategic asset rather than simply an experimental investment.
🔭 Conclusion
SpaceX’s $134 million Bitcoin transfer not only marks a notable return after months of silence, but could also signal a period of strong institutional accumulation ahead of the 2026 bull cycle.
While the market awaits Elon Musk’s next move, many investors believe the “man of revolutions” is preparing a big move — not just in space, but in the global decentralized finance ecosystem.
