SpaceX Moves Bitcoin Holdings to Alternative Custody, Shares Dip 0.61%
SPCX•SpaceX shifted its bitcoin holdings out of its corporate crypto wallet, with shares dipping 0.61% as BTC-USD slid 2.15%. This move changes SpaceX’s crypto exposure and may signal a shift in its digital-asset treasury strategy.
1. SpaceX Shifts Bitcoin Holdings
SpaceX removed an undisclosed quantity of bitcoin from its corporate crypto wallet and transferred the funds to alternative custody arrangements, coinciding with a 2.15% drop in BTC-USD and a 0.61% decline in its shares. This adjustment suggests SpaceX is reevaluating its crypto asset strategy amid market volatility.




