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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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-0.02%
$63,061.02
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$2,359,394,374.13
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Long: 68.0%Short: 32.0%
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Bitcoin Magazine Editorial(01:13 PM UTC)
1 min read
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…
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