๐ฃ BOMBSHELL !!!
SPACEX HOLDS 18,712 BTC VALUED AT 1.3 BILLION USD โ BIGGER THAN MANY THOUGHT ๐
The S-1 filing submitted to regulators reveals that SpaceX is holding 18,712 Bitcoin with a total value of approximately 1.3 billion USD ๐ฐ
SpaceX views Bitcoin as a treasury reserve asset โ similar to cash or bonds โ acting as a long-term hedge against inflation ๐
Notably: SpaceX hasn't sold any Bitcoin since late 2024, indicating a long-term accumulation and holding strategy ๐
Ahead of what is forecasted to be the largest IPO in the world, SpaceX publicly holding this scale of BTC is a strong signal of the trend for large institutions to use Bitcoin as a replacement for traditional reserve assets.
#Bitcoin #InstitutionalBTC
$BTC $ETH $PORTAL
SPACEX HOLDS 18,712 BTC VALUED AT 1.3 BILLION USD โ BIGGER THAN MANY THOUGHT ๐
The S-1 filing submitted to regulators reveals that SpaceX is holding 18,712 Bitcoin with a total value of approximately 1.3 billion USD ๐ฐ
SpaceX views Bitcoin as a treasury reserve asset โ similar to cash or bonds โ acting as a long-term hedge against inflation ๐
Notably: SpaceX hasn't sold any Bitcoin since late 2024, indicating a long-term accumulation and holding strategy ๐
Ahead of what is forecasted to be the largest IPO in the world, SpaceX publicly holding this scale of BTC is a strong signal of the trend for large institutions to use Bitcoin as a replacement for traditional reserve assets.
#Bitcoin #InstitutionalBTC
$BTC $ETH $PORTAL