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SpaceX Reveals How Much Bitcoin (BTC) It Owns


SpaceX Reveals How Much Bitcoin (BTC) It Owns

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AI Overview

SpaceX disclosed in its SEC S-1 registration that it holds $1.293 billion of Bitcoin on its balance sheet ahead of a planned IPO. The revelation underscores large-scale corporate crypto adoption and could boost Bitcoin demand, investor confidence and fundraising narratives by highlighting treasury diversification ahead of public listing.

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SpaceX has revealed in a new S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) that it owns $1.293 billion in Bitcoin (BTC) on its balance sheet.

The disclosure is the first time the company has publicly shared details about its crypto treasury ahead of its IPO.

Read the article at CryptoPotato

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