πŸ’° Read News and Earn $USDT Β· Cryptews β€” Read to Earn Platform Get Started

SpaceX Discloses $1.45 Billion Bitcoin Holdings Ahead of IPO

1 week ago 5391
SpaceX IPO Buzz Explodes After Elon Musk’s Confirmation

The post SpaceX Discloses $1.45 Billion Bitcoin Holdings Ahead of IPO appeared first on Coinpedia Fintech News

SpaceX revealed in a new SEC filing that it holds 18,712 Bitcoin worth roughly $1.45 billion at current prices. The company reportedly bought the Bitcoin at an average price of about $35,300 and has kept the holdings unchanged since the end of 2024, giving it major unrealized gains. The disclosure matters because it would make SpaceX one of the world’s largest corporate Bitcoin holders ahead of its expected Nasdaq listing under SPCX. Investors see the move as another strong signal of growing corporate confidence in Bitcoin.

Read Entire Article
πŸ’¬ Comments
Loading…

Log in to leave a comment.