{"id":73988,"date":"2026-06-13T22:16:42","date_gmt":"2026-06-13T22:16:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar-bitcoin-news\/"},"modified":"2026-06-13T22:16:42","modified_gmt":"2026-06-13T22:16:42","slug":"spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar-bitcoin-news\/","title":{"rendered":"SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street\u2019s Radar \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">SpaceX brought a major bitcoin treasury to public markets through its historic IPO.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The company\u2019s 18,712 BTC position highlights growing institutional confidence in bitcoin.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Rising corporate adoption could strengthen bitcoin\u2019s role in long-term treasury strategies.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Historic SpaceX IPO Spotlights One of America\u2019s Boldest <span>Bitcoin<\/span> Treasuries<\/h2>\n<p>Space Exploration Technologies Corp. (Nasdaq: SPCX) entered public markets in a landmark debut that valued the company at <a href=\"https:\/\/news.bitcoin.com\/spacex-hits-2-1t-on-debut-day-making-elon-musk-the-worlds-first-trillionaire\/\">$2.1 trillion<\/a>, making it the largest IPO on record. The offering drew attention to SpaceX\u2019s launch business, satellite network, artificial intelligence ambitions, and unusually large <span>bitcoin<\/span> treasury.<\/p>\n<p>SpaceX <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1181412\/000162828026040364\/spaceexplorationtechnologib.htm\" target=\"_blank\" rel=\"noopener noreferrer\">disclosed<\/a> 18,712 <span>BTC<\/span> in its Form S-1 amendment filed with the U.S. Securities and Exchange Commission (SEC) on June 3, 2026. The filing placed the <span>bitcoin<\/span> position within the company\u2019s broader balance-sheet disclosures before its public-market debut.<\/p>\n<p>The filing states:<\/p>\n<blockquote>\n<p>\u201cAs of March 31, 2026 and December 31, 2025, the company also held 18,712 units of <span>bitcoin<\/span> with a cost basis of $661 million and fair value of $1,293 million and $1,637 million, respectively.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_822750\" aria-describedby=\"caption-attachment-822750\" style=\"width:1169px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-822750\" class=\"wp-caption-text\">SpaceX\u2019s <span>bitcoin<\/span> holdings. Source: SpaceX\u2019s SEC filing<\/figcaption><\/figure>\n<p>Updated accounting rules adopted in 2024 changed how SpaceX reports its <span>bitcoin<\/span> holdings. The adjustment increased digital assets by $496 million and reduced accumulated deficit by the same amount.<\/p>\n<p>The filing also shows SpaceX owns and controls its digital assets. The company uses third-party custodians to hold <span>bitcoin<\/span> and expects to continue that custody arrangement.<\/p>\n<h2>Elon Musk\u2019s Companies Draw Focus for Corporate <span>Bitcoin<\/span> Holdings<\/h2>\n<p>Musk became the world\u2019s first trillionaire after the SpaceX IPO, adding further attention to his companies\u2019 balance sheets. He previously <a href=\"https:\/\/news.bitcoin.com\/elon-musk-spacex-owns-bitcoin-personally-owns-btc-ethereum-dogecoin-pump-dont-dump\/\">disclosed<\/a> personal holdings of <span>bitcoin<\/span> ( <span>BTC<\/span>), ethereum ( <span>ETH<\/span>), and dogecoin (DOGE).<\/p>\n<p><a href=\"https:\/\/news.bitcoin.com\/what-happened-to-teslas-43770-btc-on-chain-data-reveals-full-story-behind-its-crypto-moves\/\">Tesla<\/a>, Musk\u2019s electric car company, holds 11,509 <span>BTC<\/span> on its balance sheet. Combined with SpaceX\u2019s 18,712 <span>BTC<\/span>, Musk-linked companies account for 30,221 <span>BTC<\/span> in corporate <span>bitcoin<\/span> holdings.<\/p>\n<p>Data from Bitcointreasuries.net <a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\" rel=\"noopener noreferrer\">places<\/a> SpaceX among the largest public-company <span>bitcoin<\/span> holders. The ranking shows SpaceX in eighth place with 18,712 <span>BTC<\/span>, ahead of Coinbase Global and Riot Platforms, while Tesla ranks 12th with 11,509 <span>BTC<\/span>. The list is led by Strategy with 845,256 <span>BTC<\/span>.<\/p>\n<figure id=\"attachment_822760\" aria-describedby=\"caption-attachment-822760\" style=\"width:600px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-822760 size-full\" title=\"Historic SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street\u2019s Radar\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/bitcoin-treasury-companies-spacex_nwmk.jpg\" alt=\"Historic SpaceX IPO Puts 18,712 Bitcoin Treasury on Wall Street\u2019s Radar\" width=\"600\" height=\"430\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/bitcoin-treasury-companies-spacex_nwmk-300x215.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/bitcoin-treasury-companies-spacex_nwmk.jpg 600w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\"\/><figcaption id=\"caption-attachment-822760\" class=\"wp-caption-text\">Top 100 public <span>bitcoin<\/span> treasury companies. Source: Bitcointreasuries.net<\/figcaption><\/figure>\n<p>Jeff Park, partner and portfolio manager at ParaFi Capital and advisor at Bitwise, described SpaceX\u2019s <span>BTC<\/span> position as one of America\u2019s most ambitious corporate treasury moves. He connected the IPO with SpaceX\u2019s <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> holdings and low average cost basis.<\/p>\n<p>On June 12, Park <a href=\"https:\/\/x.com\/dgt10011\/status\/2065516469975224333\" target=\"_blank\" rel=\"noopener noreferrer\">wrote<\/a> on X:<\/p>\n<blockquote>\n<p>\u201cAs we celebrate SpaceX IPO today, it\u2019s worth remembering that SpaceX has ~20K <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> on its balance sheet with the lowest average cost basis of $35K, representing one of the most visionary corporate treasuries in America. Two moonshots, one balance sheet.\u201d<\/p>\n<\/blockquote>\n<p>Strategy Executive Chairman Michael Saylor also linked the SpaceX debut to corporate <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> adoption, writing that 25% of the \u201c<a href=\"https:\/\/news.bitcoin.com\/saylor-says-25-of-mag8-now-holds-bitcoin-after-musks-historic-spacex-ipo\/\">Mag8<\/a>\u201d now holds <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> on the balance sheet after the SPCX listing.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/spacex-ipo-puts-18712-bitcoin-treasury-on-wall-streets-radar\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways SpaceX brought a major bitcoin treasury to public markets through its historic IPO. The company\u2019s 18,712 BTC position highlights growing institutional confidence in bitcoin. Rising corporate adoption could strengthen bitcoin\u2019s role in long-term treasury strategies. Historic SpaceX IPO Spotlights One of America\u2019s Boldest Bitcoin Treasuries Space [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":73989,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73988"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73988"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73988\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73989"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}