SpaceX listing sparks discussion on big tech holding Bitcoin

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Bitcoin news emerged as SpaceX’s listing reignited discussions about major tech firms holding Bitcoin. Michael Saylor stated that Tesla and SpaceX now represent 25% of the “Big Eight Tech” companies holding Bitcoin. BitcoinTreasuries data shows SpaceX holds 18,712 BTC and Tesla holds 11,509 BTC, for a combined total of 30,221 BTC. On its first trading day, SpaceX briefly reached a $2 trillion market capitalization. Global listed companies now hold 1.26 million BTC, valued at $8.056 billion—an increase of 3% over the past month. Bitcoin analysis suggests growing institutional interest.
CoinDesk reports:

After SpaceX completed its IPO, discussions about major tech companies holding Bitcoin have reignited. Michael Saylor, Chairman of Strategy, posted on X that with Tesla and SpaceX adding Bitcoin to their balance sheets, 25% of the so-called "Big Tech Eight" now hold Bitcoin.

SpaceX and Tesla together hold over 30,000 BTC.

Saylor's statement points to two companies associated with Musk. According to BitcoinTreasuries data, SpaceX currently holds 18,712 BTC, and Tesla holds 11,509 BTC, for a combined total of 30,221 BTC.

In his view, this means Bitcoin is no longer confined to a small group of early adopters but is beginning to enter the financial portfolios of the world’s leading tech companies.

SpaceX's market value briefly surpassed $2 trillion on its first day.

The report mentioned that SpaceX's first day of trading was strong, with its market value briefly surpassing $2 trillion. This made the long-watched aerospace company one of the most closely followed tech IPOs in recent years.

With SpaceX having gone public and holding nearly 19,000 bitcoins on its balance sheet, Bitcoin’s presence among major tech companies has further increased.

The amount of cryptocurrency held by listed companies continues to grow.

Bitcoin Treasuries data shows that global publicly traded companies currently hold a combined total of approximately 1.26 million BTC, valued at around $80.56 billion based on the metric used in the article, spanning 199 companies. Over the past 30 days, the total amount of BTC held by corporations increased by approximately 3%.

  • Twenty One Capital holds 43,514 BTC
  • Metaplanet holds 40,177 BTC
  • MARA Holdings holds 35,303 BTC

In recent months, this corporate treasury strategy has continued to spread, and the market has linked it to the hodling model promoted by Strategy early on. Although most members of the "Big Tech Eight" have not yet allocated to Bitcoin, the topic of corporate Bitcoin holdings has re-entered the mainstream spotlight with SpaceX’s upcoming IPO.

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