SpaceX disclosed in its S-1 filing that it holds 18,712 bitcoins, currently valued at approximately $1.45 billion

According to The Block, based on the S-1 filing submitted to the U.S. Securities and Exchange Commission by SpaceX in preparation for its IPO, the company holds 18,712 bitcoins. The document shows that as of December 31, the purchase cost of these bitcoins was $661 million, averaging about $35,000 per coin. SpaceX began purchasing bitcoins in 2021, almost concurrently with Tesla's well-known event of spending $1.5 billion on bitcoins that year.

Since then, the company has reduced part of its holdings; according to Arkham, its holdings once dropped to 6,095 BTC last year. On Wednesday, Arkham data showed that SpaceX holds approximately 8,280 BTC. If SpaceX's holdings exceed 18,000 coins, it will become the seventh-largest holder of bitcoins, ahead of Coinbase. Based on the current price of bitcoin, these holdings are worth over $1.45 billion.