SpaceX continues to transfer large amounts of Bitcoin to Coinbase Prime

2025-12-10 08:33:48

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Lookonchain said SpaceX just transferred 1,021 BTC (94.48 million USD) to an address associated with Coinbase Prime’s custody service, according to on-chain data from Arkham Intelligence.

The move comes just 5 days after SpaceX made a similar transaction, transferring 1,083 BTC (99.81 million USD). This is seen as part of a periodic transfer model to enhance the security and management of the company’s Bitcoin treasury.

The total amount of Bitcoin SpaceX holdings is currently estimated at 5,012 BTC (462.8 million USD). SpaceX’s asset coordination activity takes place in the context that the December 2025 market is expecting the Fed to cut interest rates soon, while Tesla maintains its BTC balance.

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