The company SpaceX, associated with Elon Musk, has applied for IPO, and the business valuation, according to available information, reached 1.75 trillion dollars. Against this background, information about the company's cryptocurrency reserves was also disclosed.

According to published data, SpaceX holds 18,712 BTC, with the average purchase price estimated at about 35,000 dollars per coin. This makes the company one of the notable corporate holders Bitcoin.

The presence of such a large volume of digital assets underscores the long-term interest of major technology companies in cryptocurrencies as part of a corporate capital storage strategy.

Against the backdrop of preparation for IPO such information attracts additional market attention, as the combination of the traditional stock market and cryptocurrency assets is becoming an increasingly noticeable trend.

The interest of institutional players in Bitcoin continues to be an important factor for the crypto market and enhances the perception of the first cryptocurrency as a significant financial asset.

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#elonmusk
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#cryptocurrency
#Brick