SpaceX allocates 6 percent of treasury to Bitcoin, Jesse Myers notes

SpaceX allocates 6 percent of treasury to Bitcoin, Jesse Myers notes
SpaceX holds Bitcoin in treasury

Jesse Myers highlights that SpaceX currently holds 6 percent of its corporate treasury in Bitcoin. The comment underscores a notable adoption of cryptocurrency by a prominent company.

Earlier this year, Swan reported that bitcoin’s total market value is equivalent to just 31 percent of a single major company, emphasizing the cryptocurrency’s scale relative to large corporates (link). Separately, CABitcoinLab launched a platform providing curated bitcoin education resources and a lesson-by-lesson dashboard for users (link). These developments come as companies like SpaceX increasingly adopt bitcoin for their treasuries.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
Weekly Top Bonuses
up to $2,500
deposit bonus for all clients
CLAIM BONUS
Your capital is at risk.