The transaction involved transferring 1,308 bitcoins from a wallet identified as controlled by SpaceX to a previously inactive address.
A Bitcoin wallet linked to space company SpaceX has moved
over $150 million worth of Bitcoin for the first time in more than three years,
marking its first recorded activity since mid-2022. The recent transaction has
drawn attention in cryptocurrency circles, raising questions about the
company’s intentions with its significant bitcoin holdings.
According to blockchain analytics platform Arkham, SpaceX
transferred 1,308 Bitcoins (BTC) from a wallet identified as controlled by the
company to a previously inactive address. The transaction marks the first
outbound Bitcoin movement since June 10, 2022, when SpaceX transferred 3,505
BTC, worth approximately $102 million at the time, to Coinbase, a popular
cryptocurrency exchange.
SpaceX Awakens Dormant Bitcoin Wallet with $153 Million
Transfer
SpaceX’s Bitcoin wallet, which had been untouched since
mid-2022, executed a transfer involving 1,308 BTC to a previously inactive
address. According to data from Arkham, this transaction represents the first
outbound Bitcoin move since June 10, 2022, when SpaceX moved 3,505 BTC valued
at approximately $102 million, transferring those coins to
Coinbase.
The reasons behind the recent transfer are unclear. It may
represent a sale, an internal reallocation of treasury assets, or some other
financial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.
The current recipient wallet remains unidentified and has
shown no subsequent activity following the transfer. This has left analysts
pondering the nature of the shift—whether it indicates a sale of Bitcoin
assets, internal treasury realignment, or other strategic maneuvering within
SpaceX.
SpaceX Maintains a Massive Crypto Stake
Arkham data shows that SpaceX still holds 6,977 BTC, valued
at around $815 million based on current prices. This makes SpaceX one of the
largest known corporate holders of Bitcoin, trailing behind MicroStrategy and Tesla, which are also significant participants in the
corporate Bitcoin market.
The reasons behind the recent transfer are unclear. It may
represent a sale, an internal reallocation of treasury assets, or some other
financial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.
The sudden activation after a three-year pause might suggest
a strategic pivot or reorganization in how SpaceX manages its crypto assets.
Given Elon Musk’s high profile in tech and crypto spaces, this Bitcoin
movement will likely draw further scrutiny and analysis.
Ahead of Tesla Earnings
Wedbush has reaffirmed its Outperform rating and set a $500
price target on Tesla (NASDAQ: TSLA) ahead of the company’s earnings report
scheduled for Wednesday. This target suggests substantial upside potential from
Tesla's current share price of $328.49, according to InvestingPro data. Despite
trading at high valuation multiples, Tesla has delivered strong momentum,
returning 30.6% over the past year.
Tesla Stock, Source: TradingView
Wedbush also spotlighted Tesla’s artificial intelligence
efforts as a critical area of interest for investors. These include an
anticipated shareholder vote later this year on potential investment in Musk’s
xAI venture, alongside ongoing developments in Tesla’s Optimus robotics
program.
A Bitcoin wallet linked to space company SpaceX has moved
over $150 million worth of Bitcoin for the first time in more than three years,
marking its first recorded activity since mid-2022. The recent transaction has
drawn attention in cryptocurrency circles, raising questions about the
company’s intentions with its significant bitcoin holdings.
According to blockchain analytics platform Arkham, SpaceX
transferred 1,308 Bitcoins (BTC) from a wallet identified as controlled by the
company to a previously inactive address. The transaction marks the first
outbound Bitcoin movement since June 10, 2022, when SpaceX transferred 3,505
BTC, worth approximately $102 million at the time, to Coinbase, a popular
cryptocurrency exchange.
SpaceX Awakens Dormant Bitcoin Wallet with $153 Million
Transfer
SpaceX’s Bitcoin wallet, which had been untouched since
mid-2022, executed a transfer involving 1,308 BTC to a previously inactive
address. According to data from Arkham, this transaction represents the first
outbound Bitcoin move since June 10, 2022, when SpaceX moved 3,505 BTC valued
at approximately $102 million, transferring those coins to
Coinbase.
The reasons behind the recent transfer are unclear. It may
represent a sale, an internal reallocation of treasury assets, or some other
financial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.
The current recipient wallet remains unidentified and has
shown no subsequent activity following the transfer. This has left analysts
pondering the nature of the shift—whether it indicates a sale of Bitcoin
assets, internal treasury realignment, or other strategic maneuvering within
SpaceX.
SpaceX Maintains a Massive Crypto Stake
Arkham data shows that SpaceX still holds 6,977 BTC, valued
at around $815 million based on current prices. This makes SpaceX one of the
largest known corporate holders of Bitcoin, trailing behind MicroStrategy and Tesla, which are also significant participants in the
corporate Bitcoin market.
The reasons behind the recent transfer are unclear. It may
represent a sale, an internal reallocation of treasury assets, or some other
financial strategy. Neither SpaceX nor its CEO, Elon Musk, has commented on the transaction.
The sudden activation after a three-year pause might suggest
a strategic pivot or reorganization in how SpaceX manages its crypto assets.
Given Elon Musk’s high profile in tech and crypto spaces, this Bitcoin
movement will likely draw further scrutiny and analysis.
Ahead of Tesla Earnings
Wedbush has reaffirmed its Outperform rating and set a $500
price target on Tesla (NASDAQ: TSLA) ahead of the company’s earnings report
scheduled for Wednesday. This target suggests substantial upside potential from
Tesla's current share price of $328.49, according to InvestingPro data. Despite
trading at high valuation multiples, Tesla has delivered strong momentum,
returning 30.6% over the past year.
Tesla Stock, Source: TradingView
Wedbush also spotlighted Tesla’s artificial intelligence
efforts as a critical area of interest for investors. These include an
anticipated shareholder vote later this year on potential investment in Musk’s
xAI venture, alongside ongoing developments in Tesla’s Optimus robotics
program.
Trust Wallet Reviews Claims After $7M Extension Hack as Industry Flags “Structural Tension”
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
