Elon Musk’s SpaceX holds $1.45 billion worth of bitcoin as firm looks to go public
Hex37's read
- SpaceX reportedly holds over 18,000 Bitcoin.
- The holdings are valued at approximately $1.45 billion.
- SpaceX is now the seventh-largest corporate Bitcoin holder.
What it means for traders
- Increased institutional adoption by major firms like SpaceX may bolster long-term BTC price support.
- Monitor BTC market sentiment as corporate treasury holdings become a key indicator of institutional confidence.
Affected markets
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