SpaceX just transferred out another $94 million in Bitcoin

SpaceX has continued its series of large Bitcoin transactions this week, transferring out another 1,021 BTC on Wednesday, December 10, worth approximately $94.48 million at current prices. The funds appear to have been sent from a known SpaceX Bitcoin wallet to an address linked to Coinbase Prime custody, according to on-chain intelligence reviewed by Finbold via Arkham. SpaceX Bitcoin wallet holdings. Source: Arkham/Finbold Interestingly, the latest transaction follows a similar move earlier last week , when the company shifted 1,083 BTC, or roughly $99.8 million, prompting speculation that SpaceX is consolidating its Bitcoin holdings with institutional custodians. The firm has been one of the largest known corporate holders of Bitcoin since at least 2021, when Elon Musk first confirmed the company’s exposure. SpaceX Bitcoin holdings now sit just below 4,000 BTC Arkham data shows the aerospace company currently controls 3.991K BTC, valued at around $366.98 million with Bitcoin trading near $91,941 at the time of writing. The balance has declined sharply from previous peaks above $1.6 billion during the 2021 bull market, reflecting both price fluctuations and historic asset movements. Transaction history indicates that the company has been actively repositioning its Bitcoin throughout November and December, predominantly through Coinbase Prime custody channels. The pattern suggests ongoing treasury management rather than liquidation, as the assets remain visible on chain and tagged under SpaceX entity wallets. At the time of publication, SpaceX had made no public statement regarding the transfers. Bitcoin was trading at $91,941, up 1.97% on the day. The post SpaceX just transferred out another $94 million in Bitcoin appeared first on Finbold .