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SpaceX kept its 18,700 Bitcoin holdings unchanged in the second quarter

An earnings report and a BitcoinTreasuries.NET post said no Bitcoin was sold in Q2, leaving SpaceX’s 18,700 BTC treasury unchanged; the tracker also placed the company eighth on its Bitcoin 100 list.

Summary

SpaceX maintained its Bitcoin treasury position through the second quarter, with its earnings report showing no sales and total holdings remaining at 18,700 BTC. BitcoinTreasuries.NET also said in an X post that "SpaceX SPCX" sold no Bitcoin in Q2, described Bitcoin as a core treasury reserve, and said the unchanged balance left the company ranked No. 8 on its Bitcoin 100 list after what it called SpaceX’s largest-ever IPO.

Terms & Concepts
  • Bitcoin treasury reserve: Bitcoin held on a company’s balance sheet as part of its treasury strategy rather than for short-term trading.
  • Bitcoin 100 list: A ranking tracked by BitcoinTreasuries.NET of major corporate Bitcoin holders based on disclosed holdings.
  • IPO: Initial public offering, the process through which a company first sells shares to public investors.