SpaceX Bitcoin Holdings Rise to 8,285 Coins

On-chain data shows that SpaceX currently holds 8,285 bitcoins, worth approximately $637 million at current prices. This makes it the fourth-largest known Bitcoin holder among private companies. If the company proceeds with its planned Nasdaq listing, this portion of assets will enter public financial disclosures for the first time.

Company Holdings Have Not Changed Since 2022

Company disclosures provide background indicating that these bitcoins are currently held with Coinbase Prime. Arkham Intelligence data shows that SpaceX has not adjusted this position since June 2022.

The report notes that SpaceX previously significantly reduced its holdings during three weeks in June 2022, cutting its holdings from roughly 28,000 coins to the current level—a decline of about 70%. Since then, the asset has remained in place to this day.

Current Holdings: 8,285 BTC
Valuation at current prices: approximately $637 million
Custodian: Coinbase Prime
After listing, to be included in quarterly filings

The article states that SpaceX plans to list on Nasdaq on June 12 under the ticker SPCX. If the listing goes smoothly, the company will need to disclose this Bitcoin asset in its quarterly filings in accordance with FASB fair value accounting rules.

This means that for the first time, the public can continuously track the size of SpaceX’s Bitcoin holdings and changes to its book value through its public financial reports. The report believes that how the company defines this asset in its listing documents will also affect investors’ judgments about its long-term financial strategy.

Revenue Grows but Still Records Large Losses

The article also mentions that SpaceX generated $18.5 billion in revenue in 2025, but after acquiring Elon Musk’s AI company xAI in February 2026, it recorded losses of nearly $5 billion due to absorbing related costs.

Even in this context, SpaceX has not sold its Bitcoin holdings. According to the article, the unrealized gains associated with the current position have already exceeded $360 million.

Additional Information: Based on the article’s data, SpaceX is currently ranked fourth among Bitcoin holdings of known private companies, behind Block.one, Tether Holdings, and Stone Ridge Holdings Group.