U.Immediately – Blockchain analytics platform Arkham Intelligence just lately highlighted an attention-grabbing tackle Elon Musk-owned SpaceX. It comes because the aerospace know-how big celebrates a serious milestone by launching 4 astronauts to try the world's first personal house journey.
SpaceX's newest mission took off at the moment – a daring and dangerous journey into Earth's Van Allen radiation belts by a civilian crew of 4 to conduct the primary industrial spacewalk. The mission, referred to as Polaris (NYSE:) Daybreak, lifted off at 5:23 a.m. ET.
Whereas SpaceX is primarily acknowledged for its formidable house missions and cutting-edge know-how, the corporate can also be bullish on , the biggest cryptocurrency by market capitalization, which owns vital shares of BTC.
In accordance with Arkham Intelligence, SpaceX is value practically $500 million in bitcoin holdings, indicating its bullish stance on the main cryptocurrency.
“However do you know that SpaceX isn't simply bullish in house? They're additionally bullish on BTC with practically $500 million in holdings,” Arkham Intelligence mentioned in a tweet.
SpaceX Bitcoin Holdings
Billionaire Elon Musk has beforehand said that SpaceX owns some bitcoins. In 2021, on the on-line convention “The B Phrase”, Elon Musk mentioned that his aerospace know-how firm SpaceX has invested in Bitcoin.
“I personal bitcoin, Tesla (NASDAQ:) owns bitcoin, SpaceX owns bitcoin,” Musk said, including that he additionally owns a . Musk didn’t disclose how a lot he or his firms have invested, however mentioned he owns considerably extra Bitcoin than Dogecoin or Ethereum.
Nonetheless, the dimensions of the spaceship producer's BTC funding remained unknown till Arkham Intelligence disclosed its discovery in March 2024.
Whereas firms owned by Musk maintain vital bitcoins, the precise quantity stays an open query.
This text was initially printed on U.Immediately
