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via Bitcoin Magazine · By Bitcoin Magazine Editorial

SpaceX Heads Into Historic IPO With $1.45B Bitcoin Treasury

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Bitcoin Magazine Editorial

(01:13 PM UTC)

1 min read

Verified bySarah Chen

1140 views

0 comments

SpaceX filed its long-awaited S-1 with the Securities and Exchange Commission Wednesday — and it is bringing a substantial Bitcoin position into the public markets.

The Elon Musk-led aerospace company holds 18,712 BTC, valued at approximately $1.45 billion, according to the S-1. The coins were purchased at a cost basis of $661 million, or roughly $35,000 per coin — a price Bitcoin last touched…

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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Bitcoin Magazine Editorial · Bitcoin Magazine

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