SpaceX’s Dormant Bitcoin Awakens: $153M Transfer Shakes Crypto Markets After 3-Year Hibernation
Elon Musk's aerospace giant just moved mountains—digitally. A long-forgotten Bitcoin wallet linked to SpaceX sprang to life, shifting $153 million in dormant BTC. The crypto world's buzzing: Is this a strategic play or just corporate treasury housekeeping?
Cold storage no more
The transfer marks the first on-chain activity from SpaceX's Bitcoin reserves since 2022. Whale alerts lit up as the coins traveled to an undisclosed destination—fueling speculation about whether Musk's company is taking profits or repositioning assets.
Timing is everything
The move comes as Bitcoin flirts with key resistance levels. Traditional finance analysts are already sharpening their 'volatile crypto' talking points—because nothing says stability like a 0.05% overnight rate in a 7% inflation environment.
What's next for corporate crypto?
SpaceX's Bitcoin maneuvers could signal how tech giants manage digital assets in 2025. One thing's certain: When billion-dollar Bitcoin wallets wake up, the market pays attention—even if Wall Street still pretends not to notice.
