Markets.News
Chairman Michael Saylor of Strategy Inc. lauded Elon Musk and SpaceX for their groundbreaking IPO, emphasizing the company's significant Bitcoin holdings. Saylor praised SpaceX's entrance into the market as 'historic' and highlighted that 25% of the 'Mag 8' companies now possess Bitcoin on their balance sheets. SpaceX, as per its IPO filing, currently holds 18,712 BTC valued at $1.29 billion as of March 31. This announcement underscores the growing trend of companies integrating cryptocurrencies into their financial strategies.