Elon Musk’s Space X owning $1.45B in #BTC is bullish. 18,000 BTC makes SpaceX the 7th largest BTC holder ahead of Coinbase. Per @TheBlockCo https://t.co/OMQgyAwFE7
Elon Musk’s Space X owning $1.45B in #BTC is bullish. 18,000 BTC makes SpaceX the 7th largest BTC holder ahead of Coinbase. Per @TheBlockCo https://t.co/OMQgyAwFE7
SpaceX just filed its S-1 with the SEC. The company is going public.
The filing reveals SpaceX holds 18,712 bitcoin with a cost basis of $661 million. As of March 31, 2026 the position had a fair value of $1.29 billion. https://t.co/tZsOxG3Rbv
According to reports, SpaceX disclosed in its S-1 filing that as of March 31, 2026, the company holds 18,712 Bitcoin, with a cost basis of approximately $661 million, corresponding to an average holding cost of about $35,300 per BTC; the fair value is roughly $1.293 billion. https://t.co/OHHCarlSqx
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.