Blockchain

Elon Musk’s SpaceX Moves $257M Bitcoin, In Second BTC Transfer in 3 Months

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Elon Musk’s aerospace company SpaceX has moved $257 million worth of Bitcoin, its second large-scale transfer in three months, prompting speculation of a potential sale as the company faces mounting financial and political pressure.

SpaceX transferred $257 million worth of Bitcoin (BTC) on Tuesday, marking the company’s first wallet movements since July.

The SpaceX-labelled wallet “1MDyM” transferred $130 million worth of Bitcoin to address “bc1qj,” while another SpaceX wallet “1AXeF” sent $127 million in Bitcoin to address “bc1qq,”…

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