At its peak, SpaceX sat on roughly 28,000 Bitcoin — a position then valued at around $1.8 billion. Today, that number stands at 8,285 BTC, worth approximately $574 million. The company shed nearly 70% of its original holdings over a two-year stretch that coincided with one of crypto’s worst downturns.
A Treasury Quietly Cut DownBITCOIN COMPANY LAUNCHING SATELLITES
SpaceX just launched 29 Starlink satellites – and holds 8,285 BTC ($573.8M).
Starlink’s constellation has grown to nearly 10,000 satellites in orbit. Data shows the service had 9.2 million active users globally at the end of 2025, and revenue is projected to hit $24 billion in 2026 — up from $10 billion the year before. That growth is the engine driving SpaceX’s valuation case ahead of the listing.
Arkham Intelligence, which tracks on-chain data, places SpaceX 18th among corporate Bitcoin holders worldwide. Strategy, formerly known as MicroStrategy, holds over 761,000 BTC and has set a public target of reaching 1 million coins before year-end 2026.
Bitcoin was trading at approximately $70,650 at the time of publication.
Featured image from Unsplash, chart from TradingView
