- SpaceX holds strong
- The upcoming IPO
SkyBridge Capital founder Anthony Scaramucci has predicted a massive wave of corporate adoption following the revelation that Elon Musk’s SpaceX has maintained its massive Bitcoin treasury despite enduring severe financial losses.
Scaramucci pointed to the aerospace manufacturer as the ultimate proof of concept for treating Bitcoin as a strategic corporate reserve asset
“Everyone will soon have Bitcoin on their corporate balance sheet,” he said
HOT Stories
Scaramucci Says Corporate Bitcoin Adoption Is Inevitable
Morning Crypto Report — XRP Scores Best ETF Week Since February With $11.75 Million, Bitcoin Fails $74,000 Breakout Ahead of Tuesday’s April 14 PPI Data, Shiba Inu (SHIB) Coils for 33% Move as Volatility Hits Rare Lows
SpaceX holds strong
The catalyst for Scaramucci’s post is newly surfaced financial data highlighting SpaceX’s unshakeable commitment to its digital asset reserves.
According to Arkham Intelligence data and a recent report from The Information, SpaceX is currently holding exactly 8,285 BTC, valued at more than $600 million
The company has refused to liquidate this volatile asset to pad its balance sheet despite a $5 billion loss.
SpaceX’s top-line revenue actually grew to $18.5 billion in 2025, but the losses associated with the artificial intelligence venture, xAI, have heavily outpaced sales.
SpaceX’s Bitcoin position has remained completely untouched since mid-2024
SpaceX was actually accumulating the digital asset behind the scenes before Tesla, its sister company
According to on-chain data, SpaceX initially acquired its first Bitcoin on Dec. 31.
Elon Musk finally confirmed the acquisition to the public in 2021. Back then, he also disclosed his own personal holdings in Bitcoin, Ethereum, and Dogecoin.
The upcoming IPO
The initial public offering requires the company to officially disclose its $603 million Bitcoin position in public regulatory filings for the very first time
The firm will be required to report these holdings at fair market value.
Soon-to-be public titan SpaceX will likely further normalize Bitcoin as a long-term treasury asset.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Project Eleven CEO Warns $2.3T Bitcoin at Risk from Quantum Computers
At the Consensus conference in Miami, Project Eleven CEO Alex Pruden warned that approximately $2.3 trillion worth of Bitcoin is exposed to quantum computing threats, urging developers to adopt post-quantum cryptography signatures in advance. Pruden emphasized that Bitcoin's transition to quantum-re
GateNews6m ago
BTC drops below 80,000 USDT
Gate News bot message, Gate’s market data shows BTC has fallen below 80,000 USDT, with the current price at 79,979.3 USDT.
CryptoRadar30m ago
U.S. Spot Bitcoin ETF Sees 261 BTC Inflows, Ethereum ETF 663 ETH Today
According to Lookonchain, U.S. spot Bitcoin ETF saw net inflows of 261 BTC today, while Ethereum ETF received 663 ETH and Solana ETF 240,595 SOL in the same period.
GateNews50m ago
Spot BTC ETFs in the U.S. attracted inflows for 5 straight weeks; last week alone brought in $1.05 billion, and total assets surged to $108.7 billion
US spot Bitcoin ETFs have drawn inflows for 5 straight weeks: net inflows of about $3.8 billion over 5 weeks, with $1.05 billion in a single week. Total assets reached $108.7 billion, setting a new all-time high. Observers say this signals real spot demand, with institutions shifting from delta-neutral de-risking to pure long exposure. Three key drivers: easing tensions with Iran, AI boosting momentum, and progress on the CLARITY Act legislation. Next, watch weekly inflows, the CLARITY Act progress, and the results of Iran negotiations.
ChainNewsAbmedia1h ago
Trump's Bitcoin Reserve Plan Announcement Expected Within Weeks
US President Donald Trump's administration is preparing to announce its strategic Bitcoin reserve plan within the coming weeks, according to Patrick Witt, head of the White House Cryptocurrency Advisory Committee. Witt made the statement at the Consensus conference in Miami, noting that the US
CryptoFrontier1h ago
Hyperscale Data Announces Purchase of 2,000 Ounces of Gold, Holds 680.96 BTC
According to Odaily, Nasdaq-listed bitcoin treasury company Hyperscale Data announced an expansion of its digital assets and precious metals reserve strategy, including the purchase of 2,000 ounces of gold. The company currently holds 680.9595 Bitcoin and 10,000 ounces of silver, with plans to
GateNews2h ago
