SpaceX Bitcoin Stake Tops $1 Billion; BTC Slides After Treasury Comment

Description

SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit fresh highs, but the rally cooled after a statement from the US Treasury. According to Arkham Intelligence data reported by multiple outlets, the aerospace firm holds 8,285 BTC, worth about $1 billion at recent price levels. SpaceX Moves And Holdings According to on-chain trackers, SpaceX built up those coins between December 31, 2020, and June 10, 2022, and later moved a chunk of its earlier stash to Coinbase Prime in ...