Key facts
- Michael Saylor announced that 25% of the 'Mag8' group of major technology companies now hold Bitcoin on their balance sheets.
- SpaceX holds 18,712 BTC, and Tesla holds 11,509 BTC, totaling over 30,000 BTC.
- SpaceX recently completed its IPO, with its shares experiencing a significant surge.
- Collectively, 199 public companies hold approximately 1.26 million BTC, valued at around $80.56 billion.
Michael Saylor, chairman of Strategy, congratulated Elon Musk and SpaceX on the company's IPO, noting that 25% of the 'Mag8' group of major technology firms now hold Bitcoin on their balance sheets. SpaceX holds 18,712 BTC, and Tesla owns 11,509 BTC, bringing their combined holdings to over 30,000 BTC. This trend highlights growing corporate Bitcoin adoption, with public companies collectively holding approximately 1.26 million BTC, valued at around $80.56 billion, across 199 firms. SpaceX's public market debut saw its shares surge, amplifying discussions around digital assets as corporate treasury assets. Strategy remains the largest public corporate holder of Bitcoin with 845,256 BTC.