Guavy AI Editorial TeamSentiment: 4Clout: 85

SpaceX Reveals Significant Bitcoin Holdings in SEC Filing

SpaceX, a leading aerospace and AI-centric company, has made headlines with its latest SEC filing revealing a substantial Bitcoin position in its corporate treasury. The company holds 18,712 Bitcoins, valued at approximately $1.45 billion, based on an average purchase price of $35,320 per coin.

This disclosure surpasses prior estimates from blockchain trackers and positions SpaceX among the largest Bitcoin-holding corporate treasuries. In comparison, Tesla holds 11,509 Bitcoins, making SpaceX's holdings larger than its peer's.

The company's move to go public, which could raise around $75 billion, will also provide investors with exposure to its Bitcoin stash through a widely traded equity instrument. This integration of crypto assets into corporate strategy is becoming increasingly common among large technology and infrastructure players.