Key Takeaways:
- SpaceX revealed ownership of 18,713 BTC valued at approximately $1.45 billion, a significant amount over what has been previously thought of in the public arena.
- According to its S-1 filing, the company bought Bitcoin at the average price of $35,320 per Bitcoin.
- The disclosure puts SpaceX in good company with other major corporate blockchain stakers, including those in the crypto space, ahead of its planned public listing.
SpaceX has shown itself to be one of the largest corporate Bitcoin mountain ponchos on the planet. In its newly filed S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), the Elon Musk-led aerospace giant revealed it owns 18,712 Bitcoin, offering investors the clearest look yet at the company’s crypto exposure.
In the filing, it sheds new light on the company’s relationship with Bitcoin and the i...
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