SpaceX Moves $88 in Bitcoin in First Transfer in Six Months
JOON HYOUNG LEE
Summary
- SpaceX transferred Bitcoin worth $88 for the first time in six months in what is believed to have been a test transaction.
- The latest Bitcoin transfer was SpaceX's first such transaction in the past six months.
- SpaceX said during its IPO process that it holds a total of 18,712 Bitcoin and that its average purchase price was about $35,320.
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SpaceX, the space company led by Tesla Chief Executive Officer Elon Musk, transferred some of its Bitcoin holdings for the first time in six months.
Odaily reported on July 8 that SpaceX moved $88 worth of Bitcoin in what is believed to have been a test transaction.
The transfer marked SpaceX's first Bitcoin transaction in the past six months.
SpaceX recently disclosed during its push for an initial public offering that it holds a total of 18,712 Bitcoin. That would rank seventh among publicly listed companies worldwide, and the company's average purchase price is about $35,320.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul