Bitcoin Holdings at Center of SpaceX-Tesla Merger Talks
With recent rumors of a potential merger between SpaceX and Tesla, the companies’ combined Bitcoin holdings have drawn renewed attention. Public records indicate that together, they hold nearly 20,000 Bitcoin, currently valued at approximately $1.7 billion.
Ranked Among Top Bitcoin Institutional Holders
If treated as a single entity, the combined Bitcoin stash of SpaceX and Tesla would place them as the seventh-largest institutional holder globally, just behind Bullish, the parent company of CoinDesk, which holds 24,300 Bitcoin.
Merging Could Signal New Financial Strategy
- A potential merger may indicate a broader financial strategy embracing digital assets
- Bitcoin could become a core component of corporate treasury reserves
- Market reactions may encourage wider institutional adoption of crypto
While no formal announcement has been made regarding a merger, the speculation alone has already stirred significant interest among investors and industry watchers.