SpaceX joins the Nasdaq-100 today, triggering ~$4.3B in passive inflows to a company holding 18,712 BTC. This creates rules-based institutional demand for Bitcoin through corporate balance sheets.
Elon Musk's SpaceX is set to begin trading on the Nasdaq under the ticker SPCX on Friday, officially joining the ranks of public Bitcoin treasury companies with 18,712 BTC worth roughly $1.29 billion, making it the eighth-largest corporate holder of bitcoin.
SpaceX has filed for a historic IPO, revealing it holds 18,712 BTC worth about $1.45 billion, positioning it among the largest corporate Bitcoin holders as it prepares to list on Nasdaq.
SpaceX moved 1,021 BTC worth $94.5, part of a series of transfers this year totaling 8,910 BTC as the company consolidates and upgrades its bitcoin holdings.
Elon Musk called Bitcoin a “physics-based currency” tied to energy and suggested that advances in AI and robotics could eventually make money obsolete.
Tesla booked an $80 million gain on its unchanged Bitcoin holdings in Q3 2025, with 11,509 BTC now valued at about $1.31 billion, up from $1.23 billion in Q2.
In his Take from yesterday, Frank invited bitcoiners to join Nostr: “The world’s biggest bitcoin circular economy.” I endorse this invitation; Nostr aligns much better with...
The chief of Twitter and Tesla said that bitcoin ‘will make it’, but the financial winter may last quite some time following recent events in the ecosystem.