Recent analysis by Arkham Intelligence shows that Tesla and SpaceX together hold over $2 billion in Bitcoin, positioning Elon Musk's ecosystem among the largest institutional Bitcoin holders.
Revealed Wallets: SpaceX's Hidden Holdings
The analysis published by Arkham Intelligence indicates that Tesla and SpaceX currently hold more than $2 billion in Bitcoin. Tesla previously disclosed its investment of $1.5 billion in 2021, but no information about SpaceX's Bitcoin assets had been known. Arkham was able to link several blockchain wallets directly to SpaceX, which had remained unclear until now.
Discreet Strategy: Musk's Long-Term Bets
Despite the absence of official comments from Elon Musk on Bitcoin in recent months, data revealed by Arkham suggests strong conviction, with his companies maintaining their Bitcoin positions and reaping significant profits. This approach highlights a strategy of long-term holding that contrasts with speculative cycles typical of individual investors.
Impact on Companies' Financial Strategy
The presence of Bitcoin on Tesla and SpaceX's balance sheets provides new financial opportunities, including the possibility of exploring crypto-backed financing. Arkham highlights that with Bitcoin on their accounts, companies have the opportunity to explore financing and hedging strategies not available through traditional reserves such as cash or Treasury bonds.
The revelation by Arkham Intelligence deepens the understanding of investment approaches in Bitcoin by companies like Tesla and SpaceX, emphasizing the importance of financial transparency.
