stable coins
By Jean-Luc Maracon
1 / 15
Seventh Worldwide, Third Among Private Companies. In the ranking of private companies, SpaceX is just behind Tether and Block.one.
2 / 15
No Details on Future Strategy. SpaceX has said nothing about its intentions. No comment on a possible increase in holdings.
3 / 15
Bitcoin as a Reserve Asset: The Movement Continues. What's interesting here is the signal it sends to the rest of the corporate market.
4 / 15
SpaceX holds 18,000 bitcoins, estimated value: about $1.5 billion. This makes Elon Musk's company the seventh largest in the world — public or private — to hold bitcoin on its…
5 / 15
Noteworthy. For a company known for its rockets and satellites, it's a strong signal on how big tech companies now view bitcoin: not as a gamble, but rather as a line in the…
6 / 15
In the ranking of private companies, SpaceX is just behind Tether and Block.one. Tether is the issuer of the USDT stablecoin — probably the most well-known in the sector. Block.
7 / 15
And in the global ranking — including both public and private companies — SpaceX enters the top 7.
8 / 15
SpaceX has said nothing about its intentions. No comment on a possible increase in holdings. No details on other digital assets that might be in the portfolio. Nothing.
9 / 15
And that's what creates speculation. The market is watching. Observers are waiting to see if SpaceX will make a move — buy more, sell some, or just hold.
10 / 15
This silence isn't necessarily negative. Companies like MicroStrategy — now renamed Strategy — have chosen a very public approach, with regular purchase announcements.
11 / 15
Related reading: Hackers demand $50,000 for stolen GitHub repos, crypto developers react
12 / 15
And bitcoin's volatility remains a real issue. Companies that put bitcoin in their treasury must manage price fluctuations that have nothing to do with stocks or bonds.
13 / 15
Read also: Washington Moves on Crypto Rules as National Security Fears Mount
14 / 15
What's interesting here is the signal it sends to the rest of the corporate market. SpaceX is not a startup betting everything on crypto to gain recognition.
15 / 15
When a company of this caliber puts $1.5 billion in bitcoin, it changes the conversation. Not necessarily because the figure is huge in absolute value — for a company the size of…
The Currency Analytics
Want the full story?