Bitcoin News Today: SpaceX Holds Over $1 Billion in Bitcoin Amid Institutional Crypto Shift

SpaceX, the aerospace company founded by Elon Musk, has now accumulated a Bitcoin portfolio valued at over $1 billion, according to blockchain analytics firm Arkham Intelligence and other sources [1]. The company’s holdings are estimated to include between 6,977 and 8,285 Bitcoin, which, at current price levels, translates to approximately $815 million to $827 million [2]. The initial purchase was made on December 31, 2020, and the last acquisition took place on June 10, 2022, after which no Bitcoin has been sold [3].

This long-term strategy aligns with Musk’s broader advocacy for cryptocurrencies and reflects a deep institutional confidence in Bitcoin’s potential as a digital store of value. Unlike many corporations that have adjusted or liquidated their Bitcoin holdings amid market volatility, SpaceX has maintained a consistent HODL approach. The decision to avoid selling since mid-2022 underscores a belief in Bitcoin’s long-term trajectory, despite its well-documented price fluctuations [4].

The revelation of SpaceX’s Bitcoin holdings coincides with a broader trend of institutional interest in cryptocurrencies. Tesla, Musk’s automotive venture, also maintains a significant Bitcoin position, with its holdings valued at around $1.05 billion as of its most recent earnings report [5]. Tesla reported no sales of Bitcoin in the first quarter of 2025, and the company recorded an unrealized gain of over $500 million on its holdings [6]. This strategic approach—both at Tesla and SpaceX—highlights a growing willingness among tech and financial leaders to treat Bitcoin as a legitimate treasury asset.

Collectively, SpaceX and Tesla hold approximately 19,788 Bitcoin, valued at roughly $1.8 billion [7]. This positions them among the largest non-financial corporate holders of Bitcoin, further legitimizing the cryptocurrency’s role in institutional portfolios. The broader market has also seen increased adoption, with the top 100 public companies holding over 951,323 Bitcoin, signaling a shift in how traditional finance perceives and integrates digital assets [8].

As more companies disclose their Bitcoin holdings, the market is beginning to see a clearer picture of institutional demand, which could influence future regulatory frameworks and investor sentiment. SpaceX’s decision to accumulate and hold Bitcoin for extended periods may serve as a benchmark for other companies exploring crypto diversification, particularly in the aerospace and tech sectors.

[1] AInvest, https://www.ainvest.com/news/elon-musk-spacex-bitcoin-holdings-valued-1-billion-tron-founder-files-lawsuit-bloomberg-2508/

[2] FXEmpire, https://www.fxempire.com/crypto/bitcoin/news

[3] X, https://x.com/RoundtableSpace/status/1955777640788292068

[8] Coinpedia, https://cryptorank.io/news/feed/ed8ac-tesla-tsla-says-none-of-its-1b-bitcoin-was-sold-in-q1-2025