Bitcoin News Today: SpaceX Bitcoin Holdings Top $1 Billion Amid BTC Price Surge

Generated by AI AgentCoin World
Thursday, Aug 14, 2025 5:39 am ET1min read
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Aime RobotAime Summary

- SpaceX's Bitcoin holdings exceed $1 billion as BTC price surges past $124,300, marking a return to 2021 valuation levels.

- The company holds 8,285 BTC (worth $1.02B) with no new purchases since mid-2022, despite market downturns like Terra-Luna and FTX collapses.

- Combined with Tesla's 11,509 BTC ($1.4B), Musk-led firms hold $2.42B in Bitcoin, reinforcing crypto's legitimacy as institutional asset class.

- Analysts predict BTC could reach $200,000 by year-end, while SpaceX's operational transfers suggest long-term holding strategy over divestment.

- Corporate adoption of Bitcoin as macroeconomic hedge grows, with SpaceX's $150M internal BTC transfer indicating strategic operational adjustments.

SpaceX’s

Bitcoin
holdings have once again surpassed the $1 billion threshold, driven by Bitcoin’s recent price surge. The company currently holds 8,285 BTC, valued at approximately $1.02 billion, based on on-chain data from Arkham Intelligence [1]. This marks a return to the $1 billion valuation first seen in early 2021, though at a significantly lower Bitcoin price and holding size compared to the company’s peak position of 28,000 BTC worth $1.8 billion at that time [2].

The resurgence in value comes as Bitcoin’s price climbed past $124,300 on Wednesday, a 3% increase in the previous 24 hours [3]. The broader cryptocurrency market has also seen growth, with the total value of Bitcoin reaching $2.452 trillion, slightly outpacing Google’s market capitalization of $2.448 trillion [4]. Analysts have speculated that Bitcoin could reach $200,000 by year-end, though these are forecasts and not confirmed outcomes [5].

SpaceX has not made any new Bitcoin purchases since mid-2022, a period that saw the company reduce its holdings by nearly 70% amid the broader crypto market downturn triggered by events such as the Terra-Luna collapse and the FTX bankruptcy [6]. Despite this, on-chain activity suggests that the company has not engaged in public sales or transfers through exchanges. The most recent internal transfer involved 1,308 BTC—worth around $150 million at the time—being moved to a new address, a move consistent with operational adjustments rather than divestment [7].

The strategic approach to maintaining Bitcoin holdings aligns with SpaceX’s broader financial and innovation-driven philosophy, particularly under Elon Musk’s leadership.

Tesla
, another Musk-led firm, continues to hold 11,509 BTC, valued at over $1.4 billion, reflecting a combined $2.42 billion in Bitcoin for both companies at the current price [8]. This institutional presence in the cryptocurrency market has reinforced Bitcoin’s position as a legitimate asset class, encouraging more firms to consider digital assets as part of their balance sheets [9].

The recent developments highlight the growing acceptance of Bitcoin within corporate portfolios, particularly by tech-driven enterprises. While SpaceX has not publicly commented on future acquisition plans, its current activity suggests a long-term holding strategy. This approach, combined with Tesla’s sustained Bitcoin position, contributes to the narrative that major corporations are increasingly viewing Bitcoin as a store of value and a hedge against macroeconomic uncertainties [10].

Source:

[1] TheCryptoBasic

(https://thecryptobasic.com/2025/08/14/elon-musks-spacex-bitcoin-holding-exceeds-1b-amid-btc-rally-to-new-all-time-high/)

[2] Cryptonewsland

(https://cryptonewsland.com/spacexs-bitcoin-holdings-top-1-billion-again-amid-market-rally/)

[3] Cryptonewsland

[4] TheCryptoBasic

[5] Coindesk

(https://www.coindesk.com/markets/2025/08/14/who-is-cashing-out-of-bitcoin-at-record-highs-above-usd120k)

[6] Cryptonewsland

[7] TheCryptoBasic

[8] TheCryptoBasic

[9] Cryptonewsland

[10] TheCryptoBasic