The spacecraft carrying 1 BTC may have burned up when it crashed into the atmosphere after failing to land on the moon.
BitMEX's plan to send 1 BTC to the moon in collaboration with Astrobotic was unsuccessful due to a fuel leak issue with the Peregrine 1 spacecraft, which prevented it from landing on the moon. It is reported that Peregrine is currently about 234,000 miles away from Earth and is expected to burn up upon re-entering Earth's atmosphere. Astrobotic has announced that it will hold a press conference with NASA on January 18th to announce the details of the Peregrine's crash.
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