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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

$63,501.05
+0.06%
24h Volume

$14,828,047,369.87

24h H/L

$64,394.44 / $62,829.81

Change: $1,564.63 (2.49%)

Long/Short
62.7%
Long: 62.7%Short: 37.3%
Funding Rate

+0.0005%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,660.01

0.13%

Volume (24h): -

Resistance Levels
Resistance 3$67,550.15
Resistance 2$65,935.81
Resistance 1$64,124.01
Price$63,660.01
Support 1$62,856.49
Support 2$61,056.47
Support 3$59,130.91
Pivot (PP):$63,669.13
Trend:Downtrend
RSI (14):33.3
TB
The Block Editorial
(09:24 PM UTC)
1 min read
JM
Updated byJames Mitchell
1148 views
0 comments

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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