SpaceX’s Bitcoin stash has lost millions this year, here’s what Musk’s company still holds now

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SpaceX still holds roughly 8,285 BTC, worth about $650 million at the reported prices, despite an estimated loss of tens of millions of dollars this year as Bitcoin fell. The company’s holdings have declined from earlier levels, though the reasons for the reduction are unclear. SpaceX remains a sizable corporate Bitcoin holder, but its valuation is exposed to continued price swings.

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