SpaceX Maintains 18,700 BTC Holdings, No Sales in Q2

BitcoinWorld SpaceX Maintains 18,700 BTC Holdings, No Sales in Q2 SpaceX, the aerospace company founded by Elon Musk, did not sell any of its Bitcoin in the second quarter of the year, according to its latest earnings report.

The company’s holdings remain unchanged at 18,700 BTC, a position it has maintained for several consecutive quarters.

SpaceX’s Bitcoin Position Remains Steady The unchanged holdings indicate that SpaceX has opted to hold through recent market volatility, a strategy that contrasts with some other corporate treasuries that have reduced crypto exposure.

The 18,700 BTC position is valued at approximately $1.1 billion, based on current market prices, making SpaceX one of the largest corporate holders of Bitcoin. This decision comes amid a broader market recovery, with Bitcoin trading above $60,000 in recent weeks.