✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #6
SpaceX Still Holding Its Bitcoin, Now Worth $1.57 Billion
Original: SpaceX Becoming a Bitcoin Hodler? Elon Musk-Led Rocket Company Keeps All BTC, Now Worth $1.57 Billion
SpaceX, Elon Musk's rocket company, appears to be holding onto its entire bitcoin stash, a holding now valued at around $1.57 billion as the cryptocurrency's price rises. The report has drawn attention in crypto circles, with observers reading the refusal to sell as a sign of long-term conviction from Musk's companies, which also include Tesla's well-known bitcoin position.
Why now: Bitcoin's price recovery is putting a spotlight on large corporate holders like SpaceX that have kept their holdings rather than selling.
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