SpaceX disclosed in its S-1 filing that it holds 18712 bitcoins currently worth approximately $1.45 billion

According to TheBlock, according to SpaceX's S-1 filing with the U.S. Securities and Exchange Commission in preparation for a listing, the company holds 18,712 bitcoins. Documents show that as of December 31, the purchase cost of these bitcoins was US$661 million, equivalent to approximately US$35,000 each. SpaceX began buying Bitcoin in 2021, almost at the same time as Tesla spent $1.5 billion to buy Bitcoin that year. Since then, the company has reduced some of its holdings, which Arkham reported dropped to 6,095 BTC at one point last year. On Wednesday, Arkham data showed SpaceX held approximately 8,280 BTC. If SpaceX holds more than 18,000 holdings, it will become the seventh largest holder of Bitcoin, ahead of Coinbase. Based on the current price of Bitcoin, these positions are worth more than $1.45 billion.