From Investing.com

January 17, 2025 3:30:28 pm:

SpaceX has seen a $700 million profit in Bitcoin holdings, with a total of 8,285 BTC valued at $851,462,677.55. The firm’s Bitcoin stash has grown significantly since its all-time low, surviving Bitcoin’s multi-year consolidation. With a spot Bitcoin ETF launched and prices soaring, SpaceX’s balance has surged, although it has yet to reach its highest level of $1.6 billion. The firm keeps custody of its BTC stash on Coinbase Prime, conducting more than 30 transactions since 2021. Institutional investors entering the BTC market may lead to further upticks for SpaceX.

Read more at Investing.com: SpaceX Bitcoin (BTC) Now Holding $700 Million: Details By U.Today