SpaceX just transferred out $100 million in Bitcoin

SpaceX transferred out just over 1,083 Bitcoin ( BTC ) in a transaction worth approximately $99.8 million on the morning of December 5, according to on-chain data flagged by Finbold. The transfer was recorded around 30 minutes earlier and appeared to move funds from a SpaceX-linked wallet to a new address. Data from Arkham confirms the withdrawal originated from one of SpaceX’s wallets and involved exactly 1.083K BTC. Several of the company’s previous transfers have been linked to Coinbase Prime custody services, and the latest activity is consistent with those patterns, although the precise destination has not yet been verified on-chain. SpaceX Bitcoin holdings. Source: Arkham SpaceX and Coinbase Prime Custody Bitcoin flows The move continues a recent streak of large Bitcoin transactions out of wallets tied to the aerospace company. Over the past month, Arkham labels have tracked multiple flows between SpaceX and Coinbase Prime Custody as the firm reorganizes its holdings and consolidates treasury storage. Despite the outgoing transaction, SpaceX still holds approximately 5,012 BTC across its identified addresses, valued at around $457.8 million at the current price of $91,344. The holding amount is slightly lower than in November, reflecting recent movements but still placing SpaceX among the largest known corporate Bitcoin holders. The timing of the latest transfer comes as Bitcoin continues to trade above $91,000 following a strong rebound into early December. Institutional demand remains in focus, with major corporate and treasury holders continuing to adjust positions amid shifting liquidity conditions. As with previous transactions, SpaceX has not commented publicly on its Bitcoin strategy or the purpose of the latest on-chain movements. The post SpaceX just transferred out $100 million in Bitcoin appeared first on Finbold .