SpaceX holds 18,712 BTC: reserve down $108M for the year but unrealized gain tops $860M
- —SpaceX holds 18,712 BTC, versus Arkham's earlier estimate of 8,285 BTC
- —Reserve was worth $1.098B on June 30, down from $1.637B at end-2025
- —At BTC near $81,700 the stash is worth about $1.53B, recovering roughly $430M
- —Unrealized gain exceeds $860M against an estimated cost basis of $661M
Why it matters: One of the largest public corporate bitcoin treasuries after Strategy reaffirms a long-term hold strategy and did not sell into the drawdown.
Source: DiarioBitcoin