🚨 Big move in corporate Bitcoin treasuries.

🕺🏁Elon Musk just confirmed that SpaceX and Tesla have formed special independent committees to explore a possible merger.
If it happens, the combined company would hold:

🎯• SpaceX → 18,712 BTC
🎯• Tesla → 11,509 BTC
🎯• Total → 30,221 BTC

🏁That’s roughly $2.5 billion in Bitcoin sitting on one balance sheet — ranking it as the 6th largest public corporate Bitcoin holder in the world.

Key points from the earnings call:
Committees were formed at shareholder request
Musk is recused (conflict of interest)
He called the idea “a good idea” but stressed nothing is agreed yet
Tesla would need approval from 50% of all shares (high bar)
SpaceX also reported strong Q3 results and continues to hold its full Bitcoin position (digital assets valued at ~$1.57B as of Sept 30).

This is not new buying — it’s pure consolidation of existing long-term holdings by two of the biggest tech companies on the planet.
Whether the merger closes or not, it puts a massive corporate Bitcoin treasury back in the spotlight.

🕺🗯️What do you think — will the committees push this through?
$BTC
$ETH
$SOL

#Bitcoin #BTC☀ #SpaceX #Tesla #CorporateTreasury #CryptoNews