SpaceX (SPCX) apparently moved bitcoin through their wallets early Wednesday for the first time in about six months in three transfers totaling less than $300 of their $1.16 billion stake that do not indicate any imminent sale.
Data from Arkham Intelligence shows that the largest transfer between addresses labeled as belonging to the company moved 0.00213 BTC, around $135, between two wallets. A second sent 0.00139 BTC, or about $89.
In the third, Coinbase Prime’s escrow service reloaded 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 be made.
SpaceX went public on June 12 in the largest initial public offering ever recorded, and its filing put the company’s entire bitcoin position on a public balance sheet for the first time. Small moves can draw attention after a stock’s listing, although none of the coins reached an exchange deposit address and none left SpaceX’s control.
The company still holds 18,712 BTC. Transfers of this size are typically routine maintenance tasks: funding a wallet to pay fees, consolidating coins between addresses, or testing a signing setup before moving an actual balance.
