SpaceX transferred 1,308.45 BTC, valued at approximately $152.91 million, marking its first on-chain activity since June 2022. The transaction, reported by Arkham Intelligence, consolidated funds into a single SegWit-compatible address, suggesting an internal reorganization rather than a sale. This move has fueled speculation due to its timing with geopolitical events and Tesla earnings, though no direct link has been confirmed. SpaceX's Bitcoin holdings now total 6,977 BTC, valued at around $828.64 million. The shift to a SegWit address indicates a focus on transaction efficiency and security, aligning with a broader trend of institutional confidence in Bitcoin.