Elon Musk revealed that SpaceX holds Bitcoin on its balance sheet in 2021 but the exact
amount of company’s holdings remain unknown.
SpaceX’s Bitcoin write-down report on Aug. 18 sparked confusion among the crypto community.
The report published in Wall Street Journal puzzled many, who questioned whether
SpaceX held $373 million worth of Bitcoin and sold it in 2021-22 or whether they only
reduced their Bitcoin exposure by the same amount.
Several social media outlets reported that SpaceX had sold its entire BTC holdings while others
expressed uncertainty, claiming they were unable to confirm the amount based on the
wording of the report.
Elon Musk revealed in 2021 that SpaceX holds Bitcoin, as does Tesla, on their balance sheet.