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Home/News/Michael Saylor says 25% of Mag8 now holds bitcoin after SpaceX IPO
BitcoinKE·2d ago·positive

Michael Saylor says 25% of Mag8 now holds bitcoin after SpaceX IPO

Michael Saylor congratulated Elon Musk after SpaceX's Nasdaq debut, noting that 25% of his expanded Mag8 group now holds bitcoin on their balance sheets. SpaceX holds roughly 18,712 BTC and Tesla holds about 11,509 BTC.

  • SpaceX disclosed holding 18,712 bitcoin (worth ~$1.29B) in its IPO prospectus, making it the 8th largest public corporate holder
  • Tesla holds about 11,509 BTC, while Strategy remains the largest with ~845,256 BTC
  • Saylor's expanded 'Mag8' adds SpaceX to Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla
  • The other six Mag8 firms have not disclosed any bitcoin holdings
marketpeopleImpact 6/10
Why our editor rated this positive

Growing corporate bitcoin adoption among top tech firms signals mainstream acceptance and institutional confidence in bitcoin as a treasury asset.

Read the full story at BitcoinKE

Coinporta summarises news for fast scanning. Full reporting belongs to the source.

Last updated 14 Jun 2026

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