SpaceX’s remaining Bitcoin holding climbed above $1 billion when Bitcoin hit recent highs, however the rally cooled after a press release from the US Treasury.
In line with Arkham Intelligence knowledge reported by a number of retailers, the aerospace agency holds 8,285 BTC, price about $1 billion at latest worth ranges.
SpaceX Strikes And Holdings
In line with on-chain trackers, SpaceX constructed up these cash between December 31, 2020, and June 10, 2022, and later moved a bit of its earlier stash to Coinbase Prime in mid-2022.
Latest on-chain exercise reveals the corporate relocated 1,308 BTC to a brand new handle three weeks in the past, a switch that analysts handled as a shuffle reasonably than a sale.
In line with Arkham knowledge, SpaceX’s Bitcoin holdings have exceeded $1 billion. The corporate holds a complete of 8,285 BTC, having first acquired Bitcoin on December 31, 2020, and making its final buy on June 10, 2022, after which it has held the cash thus far.… pic.twitter.com/u54i0LUVkz
— Wu Blockchain (@WuBlockchain) August 14, 2025
Value Drop After Treasury Announcement
Primarily based on stories, US Treasury Secretary Scott Bessent — serving below US President Donald Trump — mentioned the federal government won’t be shopping for further Bitcoin for its strategic reserve, and that remark weighed on crypto markets.
Bitcoin fell from its roughly $124,000 peak and slipped beneath $119,000 within the hours after the disclosure. That drop trimmed market good points and reduce the headline valuations of company holdings.
JUST IN: 🇺🇸 Treasury Secretary Bessent says the US Authorities is “not going to be shopping for” Bitcoin. pic.twitter.com/vL79P531CP
— Watcher.Guru (@WatcherGuru) August 14, 2025
Market Context And Previous Reductions
In line with Arkham, SpaceX as soon as held a a lot bigger place — roughly 28,000 BTC at its April 2021 peak — and pared again the dimensions of its on-chain steadiness in the course of the market turmoil of 2022.
The mid-2022 strikes got here amid shocks just like the Terra-Luna collapse and the FTX chapter, occasions that pushed many companies to transform crypto publicity. These earlier shifts assist clarify why SpaceX’s current on-chain complete is smaller than the height it carried.
Tesla And Mixed Figures
In line with stories, Tesla continues to carry 11,509 BTC, price about $1.4 billion at present costs. Mixed, the 2 Musk-linked firms now maintain roughly $2.42 billion in Bitcoin on paper, a determine that relies upon completely on the worth snapshot used to worth the cash.
Stories say the Treasury’s plan to depend on confiscated crypto for any authorities reserve reasonably than shopping for new BTC might maintain promoting strain off the market brief time period, however worth motion will observe many alerts — macro strikes, on-chain flows, and public remarks from huge holders.
In line with a number of stories, SpaceX’s remaining 8,285 BTC is price about $1.02 billion, however that headline quantity is now delicate to quick worth swings after the Treasury’s announcement.
Featured picture from Unsplash, chart from TradingView
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