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SpaceX Now 8th Largest Public Bitcoin Holder—With About $1.2 Billion Worth
Key takeaways
- Topline Space X became one of the largest public holders of bitcoin following its initial public offering Friday, with over 18,000 bitcoin as the aerospace company surged over 20% during its historic opening.
- The SpaceX bitcoin reserves had a value of about $1.2 billion at noon EDT.
- Combined with Musk’s Tesla (11,509 BTC), the two companies would rank No. 4 in public holders of Bitcoin.
Topline Space X became one of the largest public holders of bitcoin following its initial public offering Friday, with over 18,000 bitcoin as the aerospace company surged over 20% during its historic opening.
Gwynne Shotwell, President of Space X, is joined by company leadership as they ring the opening bell.(Photo by Spencer Platt/Getty Images)Key Facts Space X is now the eighth largest public bitcoin holder with 18,712 BTC on its balance sheet, according to its proxy and Bitcoin Treasuries.net.
The SpaceX bitcoin reserves had a value of about $1.2 billion at noon EDT.
Article preview — originally published by Forbes. Full story at the source.
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