Elon Musk's SpaceX held 18,712 bitcoin at fair value of $1.29 billion at end of Q1, IPO filing shows
Hex37's read
- SpaceX held 18,712 BTC valued at $1.29 billion at the end of Q1.
- SpaceX is targeting an IPO with a valuation exceeding $1.5 trillion.
What it means for traders
- Institutional BTC holdings by major private firms signal long-term confidence in digital assets.
- High-profile IPOs involving BTC-holding companies may increase mainstream crypto market visibility.
Affected markets
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