Will BTC Skyrocket to the Moon as SpaceX Tests Transfers?
The post Will BTC Skyrocket to the Moon as SpaceX Tests Transfers? appeared on BitcoinEthereumNews.com. SpaceX moved less than $300 worth of Bitcoin across internal wallets without sending funds to exchanges. SpaceX holds 18,712 BTC, while Strategy continues using Bitcoin as its core treasury asset. Retail traders are monitoring institutional wallet activity for signs of future market moves. SpaceX’s first Bitcoin wallet activity in about six months has drawn attention from crypto market participants. Still, the transfers do not currently indicate a major change in the company’s Bitcoin strategy. On-chain data showed that the aerospace company moved small amounts of BTC between wallets shortly after becoming publicly traded. Notably, the activity comes as investors compare SpaceX’s Bitcoin holdings with Strategy’s more active treasury approach, where Bitcoin serves as the foundation of its corporate balance sheet. SpaceX Wallet Transfers Show Internal BTC Movement Blockchain tracking