{"id":176539,"date":"2025-10-21T15:00:38","date_gmt":"2025-10-21T12:00:38","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=176539"},"modified":"2025-10-21T14:56:56","modified_gmt":"2025-10-21T11:56:56","slug":"elon-musks-spacex-quietly-shifts-257m-in-bitcoin-is-a-massive-sell-off-coming","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/elon-musks-spacex-quietly-shifts-257m-in-bitcoin-is-a-massive-sell-off-coming\/","title":{"rendered":"Elon Musk\u2019s SpaceX Quietly Shifts $257M in Bitcoin – Is a Massive Sell-Off Coming?"},"content":{"rendered":"

Blockchain analytics firm Nansen traced<\/strong><\/a> the transfers to two known SpaceX wallets, which sent $130 million and $127 million in Bitcoin to new, inactive addresses on Tuesday. So far, none of the receiving wallets have offloaded the funds, and the company has not issued any statement explaining the move.<\/p>\n

The transactions follow SpaceX\u2019s $153 million Bitcoin transfer in July, its first since 2022, prompting renewed curiosity about whether the firm could be restructuring or preparing to liquidate part of its holdings.
\nA Complicated History with Bitcoin<\/p>\n

SpaceX first revealed its Bitcoin ownership in 2021, around the same time Musk\u2019s electric vehicle company Tesla purchased $1.5 billion worth of BTC. While Musk has repeatedly praised Bitcoin\u2019s \u201cenergy-backed\u201d monetary model, Tesla\u2019s decision that same year to suspend BTC payments over environmental concerns triggered a market dip, with prices falling 6% in just an hour.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
\n

Crypto Investors Hit Pause as ETFs Keep Losing Millions<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

Although Tesla continues to hold most of its Bitcoin, it has yet to resume crypto payments \u2013 something Musk once said would happen once mining reached more sustainable energy levels.<\/p>\n

The renewed scrutiny of SpaceX\u2019s Bitcoin holdings comes as the company faces mounting competition and financial strain. NASA announced plans to open its moon lander contract to additional bidders, citing delays in SpaceX\u2019s Starship program. Acting administrator Sean Duffy said the agency \u201cneeds the best company to land on the moon quickly,\u201d as rivals Blue Origin and Lockheed Martin prepare to challenge Musk\u2019s firm for the multibillion-dollar project.<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk\u2019s SpaceX has once again stirred speculation in the crypto world after two company-linked wallets moved roughly $257 million in Bitcoin, marking its second major onchain activity in three months.<\/p>\n","protected":false},"author":9,"featured_media":30364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,424],"coin_category":[],"class_list":["post-176539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-crypto"],"acf":[],"yoast_head":"\nElon Musk\u2019s SpaceX Quietly Shifts $257M in Bitcoin - Is a Massive Sell-Off Coming?<\/title>\n<meta name=\"description\" content=\"Elon Musk\u2019s SpaceX has once again stirred speculation in the crypto world after two company-linked wallets moved roughly...\" \/>\n<meta name=\"robots\" content=\"index, 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