SpaceX Transfers $100 Million in Bitcoin for Custody Management
- SpaceX moved 1,083 Bitcoin, valued at approximately $100 million, as part of its crypto treasury management.
- The company is adjusting its custody strategies for digital assets, similar to other major corporations.
- SpaceX has been transferring Bitcoin to Coinbase Prime-linked wallets for enhanced security and management.
- Coinbase Prime offers institutional clients secure storage and transfer services for crypto assets.
SpaceX’s recent transfer of nearly $100 million worth of Bitcoin highlights its active management of digital assets through platforms like Coinbase Prime, aligning with broader corporate trends in crypto custody adjustments.
Source (3.2)https://cryptobriefing.com/spacex-bitcoin-shift-coinbase-prime/?rand=59535
