SpaceXs historic Nasdaq debut made headlines for its record-breaking $75 billion fundraising effort, but another major development may have an even bigger impact on the cryptocurrency market. The companys IPO filing revealed that SpaceX holds 18,712 Bitcoin (BTC), making it the largest Bitcoin position ever disclosed in connection with a public offering. According to the S-1 filing, SpaceX acquired its Bitcoin holdings for approximately $661 million. As of March 31, the stake was valued at roughly $1.29 billion. Unlike companies built around cryptocurrency investments, SpaceX classified… Read more
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