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<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>SpaceX transfers 1,308 BTC worth $153M to new wallet after dormancy</li>
 <li>Company holds 6.977K BTC valued at $821.12M through Coinbase Prime Custody</li>
 <li>Historic transfers show SpaceX accumulated Bitcoin during 2021 bull market period</li>
</ul>
<p>SpaceX’s dormant Bitcoin wallet awakened after three years, transferring 1,308 BTC worth $153 million. The movement occurred as <a href="https://www.thecoinrepublic.com/price-prediction/bitcoin/" rel="noopener noreferrer nofollow">Bitcoin hovered</a> around $118,000 price levels recently.</p>
<p>The Elon Musk-led firm currently holds 6.977K BTC valued at $821.12 million through custody. The company accumulated Bitcoin during 2021 alongside Tesla’s corporate treasury strategy.</p>
<h2 class="wp-block-heading" id="h-spacex-awakens-dormant-wallet"><strong>SpaceX Awakens Dormant Wallet</strong></h2>
<p>SpaceX transferred 1,308 BTC worth $153 million to a new wallet according to Arkham data.</p>
<p>The movement occurred after three years of wallet dormancy across multiple addresses. The transfer happened as Bitcoin traded around $118,000 price levels recently.</p>
<p>The company currently holds 6.977K BTC valued at $821.12 million through Coinbase Prime Custody.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large">
  <img loading="lazy" width="1024" height="348" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/07/image-854-1024x348.png" alt="">
  <figcaption>
   SpaceX’s recent BTC move: Data from Arkham
  </figcaption>
 </figure>
</div>
<p>Portfolio values indicate Bitcoin holdings valued at $821.12 million, decreasing in value by 1.26%. The portfolio value stood at $821,116,068, which is being maintained through institutional custody services.</p>
<p>Just recently, 1.308K BTC valued at $152.91 million was moved, a brief few hours ago. Transactional history shows transfers have been in large numbers over the last three years.</p>
<p>Previous transactions among them are 1.262K BTC worth $36.88 million, which was sent three years ago. Another 1.104K BTC worth $32.26 million was sent during the same time. A number of 1.139K BTC transfers worth $33.29M were also sent three years ago.</p>
<p>SpaceX accumulated <a href="https://www.thecoinrepublic.com/2025/07/16/bitcoin-price-to-hit-160000-as-retail-investors-return-top-analyst-predicts/" rel="noopener noreferrer nofollow">Bitcoin</a> during 2021 bull market, reaching peak holdings of 25,724 BTC.</p>
<p>The company joined Tesla in corporate Bitcoin adoption strategies during that period. Current holdings show substantial reduction from peak 2021 accumulation levels.</p>
<h2 class="wp-block-heading" id="h-elon-musk-s-bitcoin-journey-from-skepticism"><strong>Elon Musk’s Bitcoin Journey From Skepticism</strong></h2>
<p>Elon Musk first spoke publicly about Bitcoin in October 2014 at Vanity Fair Summit. He stated Bitcoin was probably good but viewed it primarily for illegal transactions.</p>
<p>Musk clarified he did not own any Bitcoin personally at that moment. His involvement shifted during 2020-2021 as companies began purchasing Bitcoin treasury holdings.</p>
<p>Tesla revealed $1.5 billion Bitcoin buy in early 2021, spearheading corporate adoption. Musk included #bitcoin in his X bio, fueling cryptocurrency price pumps.</p>
<p>Musk claimed he owns Bitcoin, Ethereum, and Dogecoin personally after Tesla acquired some.</p>
<p>His first direct financial exposure was around 2021 timeline coinciding with corporate strategy. SpaceX followed the lead of Tesla in Bitcoin treasury stockpiling during bull market.</p>
<p>In 2021, Elon Musk announced that SpaceX owns Bitcoin, as does Tesla.</p>
<p>SpaceX had around 25,724 BTC in Feb 2021 when they were making huge buys. They were part of the trend where companies started buying Bitcoin.</p>
<p>SpaceX reportedly employs stablecoins in certain Starlink payments in other nations. This scheme aims at nations with volatile currencies to function in a better manner.</p>
<p>Existing holdings exhibit decline from historical highs indicative of portfolio management operations. Recent wallet activity is consistent with current Bitcoin treasury optimization efforts.</p>
<h2 class="wp-block-heading" id="h-spacex-currently-holds-over-800m-worth-btc"><strong>SpaceX Currently Holds Over $800m Worth BTC</strong></h2>
<p>SpaceX currently holds 6.977K BTC worth $821.12 million. The total portfolio value was $821,116,068 during press time.</p>
<p>SpaceX followed Tesla in corporate Bitcoin adoption in the 2021 institutional wave. Recent wallet activity shows ongoing optimization of Bitcoin treasuries across different addresses.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full">
  <img loading="lazy" width="704" height="257" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/07/image-852.png" alt="SpaceX’s current BTC holding: Data from Arkham">
  <figcaption>
   SpaceX’s current BTC holding: Data from Arkham
  </figcaption>
 </figure>
</div>
<p>Past transfers show regular maintenance activities within three-year intervals regularly. Activation of dormant wallet shows portfolio rebalancing or operational requirements ahead of time.</p>
<p>Its two-pronged approach is Bitcoin as treasury reserve and stablecoins for commercial purposes. This approach satisfies store of value and payment efficiency needs.</p>
<p>The previous $153 million transfer was at the time Bitcoin was trading at $118,000 levels. <a href="https://www.thecoinrepublic.com/2025/07/15/bitcoin-price-drops-after-9b-inflows-will-it-fall-under-100k/" rel="noopener noreferrer nofollow">Bitcoin also retreated</a> after it reached an all-time high of $123,000.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/07/22/an-old-spacex-bitcoin-wallet-wakes-up-after-3-years-1308btc-moved/" rel="noopener noreferrer nofollow">An Old SpaceX Bitcoin Wallet Wakes Up After 3 Years: 1308BTC Moved</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

An Old SpaceX Bitcoin Wallet Wakes Up After 3 Years: 1308BTC Moved

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