SpaceX's Bitcoin assets exceed $1 billion once more during cryptocurrency market surge
In a notable shift, SpaceX, led by Elon Musk, and other major corporations like MicroStrategy, have adopted a long-term holding strategy (HODL) for Bitcoin. This strategic approach views the cryptocurrency as a core treasury asset for financial stability and growth, rather than for speculative trading or short-term profit-taking.
As of August 2025, SpaceX holds approximately 8,285 Bitcoin, valued at over $1 billion. These Bitcoins were primarily acquired between late 2020 and mid-2022. Since then, SpaceX has maintained a long-term holding strategy, with minimal Bitcoin sales or movements. The company's recent internal transfers suggest a continuation of this strategy.
SpaceX's Bitcoin holdings have seen a significant boost due to the recent Bitcoin price surge, which pushed the cryptocurrency's value back to levels last seen in early 2021. This surge has also elevated SpaceX's Bitcoin holdings above the $1 billion mark. Notably, SpaceX last moved around 1,300 BTC in mid-2025, but this was a wallet-to-wallet transfer, not a sale, reinforcing the company's commitment to its Bitcoin holdings.
MicroStrategy, another major player in the Bitcoin market, continues a similar long-term holding strategy. The company has amassed a massive Bitcoin portfolio, with over 124,000 BTC historically (though the focus here is primarily on SpaceX). This corporate strategy involves acquiring Bitcoin at strategic times, often during market dips or steady accumulation from 2020 to mid-2022, and holding Bitcoin largely unchanged for several years without significant sales.
The strategic acquisition and holding of Bitcoin serves as a treasury asset for these corporations, helping to diversify corporate balance sheets and protect against fiat inflation risks. It's important to note that SpaceX has not bought new Bitcoin since 2022, and no public statements have confirmed any plans for future Bitcoin purchases.
The adoption of this long-term holding strategy by SpaceX and other major corporations underscores the growing institutional involvement with cryptocurrencies. Bitcoin, currently the fifth-largest asset globally in terms of value, has even surpassed Google's market capitalization, with a current value placing it at $2.452 trillion following a 3% increase in the last 24 hours.
Despite the recent Bitcoin price surge, the cryptocurrency's all-time high (ATH) has not been reached yet. The stability and growth potential of Bitcoin continue to attract major corporations, indicating a shift in the financial landscape towards digital assets.
[1] SpaceX Bitcoin Holdings
[2] MicroStrategy Bitcoin Holdings
[3] Bitcoin as a Treasury Asset
[4] SpaceX's Recent Bitcoin Transfers
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