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via crypto.news · By crypto.news Editorial
Everyone calls SpaceX a Bitcoin proxy. The math says 0.08%
SPCXB
SPCXB/USDT
$111.80
-1.23%
$111.80
-1.23%
(24s)24h Volume
$4,995,477.67
24h H/L
$113.99 / $109.03
Change: $4.96 (4.55%)
Data provided by COINOTAG DATALive data
CE
crypto.news Editorial(09:44 AM UTC)
1 min read
604 views
0 commentsSpaceX’s broken IPO has crypto media narrating every tick against its 18,712 BTC. One division destroys the story: the coins are eight basis points of the company.
Summary
- SPCX has collapsed 48% from its June peak of $225.64 to about $117, below its $135 IPO price, and a persistent narrative frames the stock as a leveraged Bitcoin proxy because of…
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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