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SpaceX Discloses $1.45 Billion Bitcoin Holdings Ahead of IPO
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SpaceX Discloses $1.45 Billion Bitcoin Holdings Ahead of IPO

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.

Source: Original Article