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Elon Musk’s Firms Lead Bitcoin Holdings in Tech

Elon Musk’s companies, Tesla and SpaceX, hold the most Bitcoin among tech firms, per River report.

  • SpaceX and Tesla top Bitcoin holdings in tech sector.
  • Both firms are led by Elon Musk.
  • River confirms their BTC dominance.

In a recent report by Bitcoin financial services company River, it was revealed that the two largest tech companies holding Bitcoin are both owned by Elon Musk—Tesla and SpaceX.

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This surprising insight shows Musk’s increasing influence in the Bitcoin space, not just as an advocate, but also through the balance sheets of his major companies.

Tesla and SpaceX Lead Corporate Bitcoin Holdings

Tesla famously announced a $1.5 billion Bitcoin purchase in early 2021, shaking the markets and helping kick off a major bull run. Although it has sold a portion of its holdings since then, it remains one of the largest public tech firms with Bitcoin on its books.

Meanwhile, SpaceX has been quietly accumulating BTC. Though exact figures are not always disclosed, River confirms that it joins Tesla at the top of the corporate leaderboard when it comes to Bitcoin reserves.

The shared ownership of both companies by Elon Musk positions him as a uniquely powerful figure in the world of corporate crypto adoption.

Musk’s Bitcoin Bet Grows Stronger

Elon Musk has often shown interest in cryptocurrencies, especially Dogecoin and Bitcoin. His tweets alone have been known to shift market sentiment.

Now, with both Tesla and SpaceX leading in BTC holdings, Musk isn’t just talking—he’s putting serious capital behind his crypto beliefs. This strengthens his reputation as one of the key figures in mainstream Bitcoin adoption.

As other companies continue to test the waters, Musk’s firms have already taken deep dives—possibly setting a trend for other tech giants to follow.

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Disclaimer: The content on CoinoMedia is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments carry risks, and readers should conduct their own research before making any decisions. CoinoMedia is not responsible for any losses or actions taken based on the information provided.

Aurelien Sage

Aurelien Sage is a blockchain enthusiast and writer, crafting insightful articles on decentralized technologies, Web3, and the future of finance. His work simplifies complex concepts, empowering readers to navigate the evolving crypto landscape with confidence.

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