SpaceX Holds 18,712 Bitcoin Worth $1.45B, Becomes 7th Largest Institutional Holder

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According to its SEC Form S-1 filing in preparation for its initial public offering, SpaceX holds 18,712 Bitcoin purchased at a cost of approximately $661 million, or roughly $35,000 per Bitcoin. Based on current market prices, the company's Bitcoin reserves are valued at approximately $1.45 billion, making it the seventh largest institutional Bitcoin holder globally. SpaceX first began investing in Bitcoin in 2021.
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