Anthony Scaramucci, founder of SkyBridge Capital, spoke with the zeal of a government scribe who has discovered a new tax ledger, foretelling a colossal flood of corporate embrace. All this after Elon Musk’s SpaceX kept its Bitcoin treasury afloat amid a tempest of losses, like a shipmaster who refuses to jettison the gold when the harbor yawns.
He pointed to the aerospace manufacturer as the shining proof that Bitcoin is not a mere plaything but a reserves asset fit for any respectable treasury. “Everyone will soon have Bitcoin on their corporate balance sheet,” he proclaimed with the gravity of a man announcing a new czar.
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SpaceX holds strong
The spark that set Scaramucci’s quill fluttering is a fresh cascade of numbers demonstrating SpaceX’s stubborn devotion to its digital treasure.
According to Arkham Intelligence data and a report from The Information, SpaceX currently holds exactly 8,285 BTC, valued at more than $600 million.
The firm has refused to liquidate this capricious asset to fatten its balance sheet despite a $5 billion loss.
SpaceX’s top-line revenue grew to $18.5 billion in 2025, but the losses swirling around the artificial intelligence venture, xAI, have cast a long shadow over profits.
SpaceX’s Bitcoin position has remained untouched since mid-2024.
In truth, SpaceX began amassing the digital coin behind the scenes before its elder sister, Tesla.
According to on-chain data, SpaceX first acquired Bitcoin on Dec. 31.
Elon Musk publicly acknowledged the acquisition in 2021. At that time, he also disclosed his personal holdings in Bitcoin, Ethereum, and Dogecoin.
The upcoming IPO
The initial public offering will require the company to disclose its $603 million Bitcoin holdings to the public for the very first time, laid bare in regulatory filings.
The firm will be required to report these holdings at fair market value.
Soon-to-be public titan SpaceX will likely further normalize Bitcoin as a long-term treasury asset.
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2026-04-12 22:22