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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

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$62,586.00
+1.68%
24h Volume

$12,669,300,948.10

24h H/L

$62,979.86 / $61,248.86

Change: $1,731.00 (2.83%)

Long/Short
62.0%
Long: 62.0%Short: 38.0%
Funding Rate

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Bitcoin
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$62,599.99

1.69%

Volume (24h): -

Resistance Levels
Resistance 3$67,364.79
Resistance 2$64,958.92
Resistance 1$63,232.23
Price$62,599.99
Support 1$61,517.20
Support 2$59,841.61
Support 3$57,798.75
Pivot (PP):$62,276.24
Trend:Downtrend
RSI (14):47.8
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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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