SpaceX’s remaining Bitcoin Holdings rose above $1 billion when Bitcoin hit a new high, but the rally was cooled after a statement from the US Treasury.
According to Arkham Intelligence Data, reported by multiple outlets, the aerospace company has 8,285 BTC, worth around $1 billion at its latest price level.
SpaceX moves and holds
According to On-Chain Tracker, SpaceX built these coins between December 31, 2020 and June 10, 2022, moving the previous stash chunks to Coinbase Prime in mid-2022.
According to recent chain activities, the company moved 1,308 BTC to its new address three weeks ago. This is a transfer that analysts treated as shuffle rather than as a sale.
SpaceX’s Bitcoin Holdings is over $1 billion, according to Arkham Data. The company holds a total of 8,285 BTC and has held the coins so far since it first acquired Bitcoin on December 31, 2020 and its last purchase on June 10, 2022. pic.twitter.com/u54i0luvkz
– WU Blockchain (@wublockchain) August 14, 2025
Price reduction after the Ministry of Finance announced
Based on the report, U.S. Treasury Secretary Scott Bescent (working under President Donald Trump) said the government did not purchase additional Bitcoin for strategic preparation and considered comments on the crypto market.
Bitcoin fell from its peak at around $124,000, falling below $119,000 in just hours after disclosure. The drop has reduced corporate holdings headline ratings, earning profits from the trimmed market.
Just: 🇺🇸The US Treasury Secretary says the US government has “not intending to buy” Bitcoin. pic.twitter.com/vl79p531cp
– watcher.guru (@watcherguru) August 14, 2025
Market context and past reductions
According to Arkham, SpaceX once maintained a much larger position (approximately 28,000 BTC at its peak in April 2021) and reduced the size of the chain balance during the 2022 market turmoil.
The mid-2022 movement came amid shocks like Terra-Luna’s collapse and FTX bankruptcy, which prompted many companies to redo their crypto exposure. These previous shifts help explain why SpaceX’s current on-chain sum is smaller than the peak it carried.
Numbers combined with Tesla
Reports say Tesla continues to hold 11,509 BTC worth around $1.4 billion at its current price. In total, the two musk-related companies currently hold about $2.42 billion in Bitcoin on paper.
Reports say that the Treasury plan to rely on confiscated cryptography for government reserves rather than buying new BTC could continue to sell short-term pressures from the market, but price measures follow a lot of signals, macro movements, chain flows and public remarks from large owners.
Multiple reports show that SpaceX’s remaining 8,285 BTC is worth around $1.02 billion, but its heading number has become sensitive to high-speed price fluctuations after the Treasury’s announcement.
Unsplash featured images, TradingView charts
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