Cryptocurrency Q&A Did SpaceX sell cryptocurrency?

Did SpaceX sell cryptocurrency?

CryptoQueenBee CryptoQueenBee Sat Jul 06 2024 | 6 answers 1521
Have there been any official announcements or indications from SpaceX regarding their involvement in the cryptocurrency market? I've been hearing rumors that they may have sold or are considering selling some form of digital asset, but I'm not sure if there's any truth to these claims. Given their innovative nature and forward-thinking approach, it wouldn't be entirely surprising if they were exploring this space, but I'd like to hear from a reliable source if there's any confirmation. Can you clarify if SpaceX has indeed sold or is planning to sell cryptocurrency? Did SpaceX sell cryptocurrency?

6 answers

Riccardo Riccardo Mon Jul 08 2024
Irrespective of the details, Bitcoin's market capitalization stands at over $500 billion.

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DongdaemunTrendsetterStyle DongdaemunTrendsetterStyle Mon Jul 08 2024
The Journal's recent report suggests that SpaceX has engaged in cryptocurrency sales, yet the specifics remain unclear.

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benjamin_cole_nurse benjamin_cole_nurse Mon Jul 08 2024
We are unaware if the company disposed of its entire cryptocurrency holdings or only a portion of it.

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Riccardo Riccardo Mon Jul 08 2024
Furthermore, the sale may have occurred in a single transaction or a series of multiple transactions.

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Carolina Carolina Sun Jul 07 2024
This immense market cap makes it improbable that SpaceX selling all or even a significant portion of its holdings would solely trigger a significant market drop.

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