SpaceX Becomes the Eighth Largest Publicly Listed Bitcoin Holder with 18,712 BTC

06/13 05:16

On June 13, SpaceX, owned by Elon Musk, officially went public. In the S-1 filing submitted to the U.S. SEC during its IPO, it disclosed that it holds 18,712 BTC. Based on the current price of approximately $63,000, this portion of Bitcoin is valued at about $1.18 billion, making SpaceX the eighth largest publicly listed company holder of Bitcoin. SpaceX's Bitcoin holdings have been on its balance sheet for some time, with an average purchase cost of around $35,000, indicating substantial potential gains. Another publicly listed company owned by Musk, Tesla, holds 11,509 BTC. Together, SpaceX and Tesla own a total of 30,221 BTC, which would place them fifth among publicly listed companies if combined. The listing of SpaceX provides traditional investment portfolios with indirect exposure to Bitcoin and reflects an increasing acceptance of Bitcoin as a treasury asset by large strategic companies.
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