SpaceX officially becomes the eighth largest publicly traded Bitcoin holding company worldwide, currently holding 18,712 BTC.

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BlockBeats News, June 13 — Musk’s SpaceX has officially gone public. In its IPO filing S-1 submitted to the U.S. SEC, it disclosed that it holds 18,712 BTC. Based on the current price of approximately $63,000, this portion of Bitcoin is worth about $1.18 billion, making SpaceX the 8th largest publicly traded company Bitcoin holder in the world. SpaceX’s Bitcoin holdings have been on its balance sheet for some time, with an average purchase cost of about $35,000, and the potential gains are substantial.

Another publicly traded company under Musk, Tesla, also holds 11,509 BTC. SpaceX and Tesla together hold 30,221 BTC. If the two companies are combined, their Bitcoin holdings would be large enough to rank 5th among publicly listed companies worldwide. SpaceX’s IPO gives traditional investment portfolios indirect exposure to Bitcoin, and it also shows that large strategic companies are increasingly accepting Bitcoin as a treasury asset.

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