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via The Block · By The Block Editorial

Elon Musk’s SpaceX holds $1.45 billion worth of bitcoin as firm looks to go public

BTC

BTC/USDT

$63,124.43
-0.02%
24h Volume

$2,497,802,323.36

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate

+0.0024%

Longs pay

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Bitcoin
Bitcoin
Daily

$63,133.03

0.07%

Volume (24h): -

Resistance Levels
Resistance 3$66,089.72
Resistance 2$64,397.36
Resistance 1$63,626.50
Price$63,133.03
Support 1$62,999.35
Support 2$62,275.00
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.6
TB
The Block Editorial
(09:24 PM UTC)
1 min read
JM
Updated byJames Mitchell

Elon Musk’s SpaceX reported holding 18,712 bitcoins, according to the Form S-1 it filed with the U.S. Securities and Exchange Commission in preparation for a public listing.

The document said those bitcoins, held as of Dec. 31, were acquired at a cost basis of $661 million, equating to about $35,000 per coin.

SpaceX began acquiring bitcoin (BTC) in 2021, around the same time as Tesla's…

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The Block Editorial · The Block

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