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SpaceX's Nasdaq debut on Friday revealed that the company holds 18,712 bitcoin, valued at $1.29 billion as of March 31, which it describes as a strategic reserve for excess cash.
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Nasdaq
Who
SpaceX, Elon Musk, Tesla
What
SpaceX's Nasdaq debut on Friday revealed that the company holds 18,712 bitcoin, valued at $1.29 billion as of March 31, which it describes as a strategic reserve for excess cash.
When
Sat, 13 Jun 2026 17:00:16 GMT · 4h 39m ago
Where
Nasdaq ·
Why
SpaceX's IPO disclosed its bitcoin holdings, positioning them as a strategic reserve rather than a core business model, distinguishing it from other corporate bitcoin holders.
The Frontline Impact
How this affects you
SpaceX's decision to treat bitcoin as a reserve asset within its $1.8 trillion valuation could normalize cryptocurrency holdings for other large public companies, potentially influencing future corporate treasury strategies. Its performance in coming earnings cycles will test the viability of holding bitcoin as a reserve asset during market fluctuations.
Story chain
3 events in this thread- Markets1h 25m agoSpaceX's IPO on June 11 at $135 per share, raising $75 billion, revealed significant differences in the ownership and allocation of various tokenized stock products linked to the company.Open article
- Markets4h 39m agoSpaceX's Nasdaq debut on Friday revealed it holds 18,712 bitcoin, valued at $1.29 billion as of March 31, classified as a strategic reserve for excess cash.Open article
- Currently Reading4h 39m agoSpaceX's Nasdaq debut on Friday revealed that the company holds 18,712 bitcoin, valued at $1.29 billion as of March 31, which it describes as a strategic reserve for excess cash.