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SpaceX keeps bitcoin holdings despite $5 billion losses

SpaceX recorded losses of about $5 billion in 2025 but continued to hold 8,285 bitcoin, according to data cited by Cryptopolitan. The bitcoin holdings are estimated to be worth $603 million and are kept in a Coinbase Prime custody account without being sold. Data from Arkham Intelligence and The Information showed SpaceX has maintained its balance since mid-2024. Market participants linked the move to shifting corporate treasury strategies, while corporate bitcoin buying in March was dominated by Strategy.