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.

Kraken\'s banking unit has obtained a Federal Reserve master account, allowing it to connect directly to the Fedwire payments network, The Block reported on March 4. That gives Kraken direct access to the central bank\'s core payment system alongside thousands of banks and credit unions, helping speed up fiat currency transfers. The account does not include central bank services enjoyed by banks such as interest on reserves, Kraken Co-CEO Arjun Sethi said.