Gate News, April 12: SpaceX currently holds about $603 million worth of Bitcoin. In the same period, the company recorded nearly a $5 billion loss due to integrating xAI. Despite the large loss, SpaceX’s Bitcoin holdings have remained unchanged since mid-2024, with no signs of any sell-off.
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
Bitcoin Price Outlook Shifts as Iran Toll Demand Revives $1M Target Talk
Iran Bitcoin toll revives debate on crypto as global payment infrastructure
Geopolitical tensions push Bitcoin beyond store-of-value into currency role
Institutional adoption and flows strengthen long-term million-dollar Bitcoin narratives
Bitcoin price outlook has shifted again after fr
CryptoNewsLand4m ago
MicroStrategy Proposes Semi-Monthly Dividends for STRC to Improve Liquidity and Stabilize Stock Price
MicroStrategy has proposed changing its STRC preferred stock dividends from monthly to semi-monthly to enhance liquidity and stabilize stock prices, maintaining an 11.5% annual yield. Concerns about this structure have been raised by Bitcoin critic Peter Schiff.
GateNews2h ago
Tim Draper-Linked Wallet Deposits 150.84 BTC to Major CEX, Facing ~$2.57M Loss
Tim Draper's wallet transferred 150.84 BTC, valued at $11.62 million, to a centralized exchange after a year of holding, leading to an estimated loss of $2.57 million.
GateNews2h ago
Bitcoin Spot ETFs Record $664M Net Inflows, Highest Single Day in Three Months
Bitcoin spot ETFs saw significant net inflows of $664 million on April 17, the largest in three months. BlackRock led the funds with $284 million, followed by Fidelity and ARK. Other products saw minimal contributions.
GateNews3h ago
Bitdeer Maintains Zero Bitcoin Holdings After Selling 177 BTC This Week
Bitdeer reported producing and selling 177 BTC in the week ending April 17, resulting in no net increase in its holdings, leaving the firm with a zero Bitcoin position.
GateNews4h ago
MicroStrategy Stock Rallies as Bitcoin Breaks $78K, Unrealized Gains Return to $1.37B
MicroStrategy's stock surged 13.83% as Bitcoin reclaimed $78,000, returning the company to an unrealized profit of $1.37 billion. The rise follows easing tensions in the Middle East and a broader rally in risk assets, despite criticism of its preferred stock.
GateNews5h ago
