The post Elon Musk-Linked Companies’ Bitcoin Holdings Quietly Climb Past $2 Billion appeared on BitcoinEthereumNews.com.

Bitcoin As Bitcoin hovers near record highs, companies tied to Elon Musk are quietly sitting on massive crypto profits. Between Tesla and SpaceX, the estimated value of their Bitcoin reserves now exceeds $2 billion, marking a significant return on investments made during the early 2021 bull cycle. Tesla first entered the Bitcoin market in February 2021, acquiring 11,509 BTC at an average price just above $33,500. With current valuations, the automaker’s stash is now worth around $1.25 billion, representing a gain of more than 220%. SpaceX, meanwhile, is reported to hold 8,285 BTC, translating to roughly $896 million in value. These numbers place Tesla among the top 10 corporate holders of Bitcoin, behind giants like MicroStrategy, which leads with a staggering 592,345 BTC. Other major players in the top tier include MARA Holdings, Riot Platforms, and Galaxy Digital. While Musk hasn’t made any recent public moves regarding crypto, his companies’ early exposure continues to pay off — a quiet but powerful reminder of how institutional adoption has reshaped Bitcoin’s narrative. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics.
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Filed under: News - @ June 29, 2025 10:16 pm