SpaceX, Elon Musk's space exploration company, transferred over $133 million in Bitcoin on Friday, according to Arkham Intelligence, a blockchain analytics firm.
The transaction, which involved 1,215 Bitcoin in two separate transfers to new wallets, has sparked speculation in the market. Arkham Intelligence reported:
SpaceX just moved funds totalling $133.7 million.They transferred 300 BTC ($33M) and 915 BTC ($100M).
The reason for the transfer is unclear, and it is not known if the company plans to sell any of its substantial Bitcoin holdings.
Author's summary: SpaceX transfers $133M in Bitcoin, sparking market speculation.