Barclays: Tesla and SpaceX may announce merger before December
- —Barclays expects a Tesla-SpaceX merger announcement before December
- —The combined entity would hold 30,221 BTC
- —That would rank sixth among corporate bitcoin holders
- —No official merger announcement has been made yet
Why it matters: A merger would create one of the largest corporate bitcoin holders, reinforcing the institutional adoption narrative for BTC.
Source: Bloomingbit