CandleFocus How Much Bitcoin (BTC) Does Tesla and SpaceX Hold? Here is the Latest Current Data
2024-09-28
Author: Content Editor
The latest information from Arkham reveals that the total value of Bitcoin assets held by Elon Musk's companies, Tesla and SpaceX, is currently $1.3 billion. Tesla owns 11,509 BTC worth around $760 million, while the remaining Bitcoin is stored in SpaceX's cryptocurrency wallets. Both companies use Coinbase Prime Custody for asset storage. Musk previously sold a significant amount of BTC to test its liquidity but suspended car sales with Bitcoin due to concerns about its environmental impact.
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