SpaceX has officially revealed its Bitcoin holdings for the first time, disclosing that it owns 18,712 BTC valued at approximately $1.293 billion as of March 31, 2026. The details were shared in the company’s S-1 registration statement filed with the U.S. Securities and Exchange Commission (SEC) ahead of its planned initial public offering (IPO).
According to the filing, SpaceX acquired its Bitcoin holdings at an average purchase price of around $35,324 per BTC, representing a total investment of approximately $661 million. Based on the reported fair value, the company is currently sitting on an unrealized gain of nearly 119%.
“The company has ownership of and control over its digital assets, which consists of Bitcoin, and utilizes, and expects to continue to utilize third-party custodians to hold its Bitcoin,” the filing stated.
The disclosure marks the first official confirmation of SpaceX’s cryptocurrency treasury strategy. Until now, estimates of the company’s Bitcoin holdings were largely based on blockchain analysis and market speculation, with some analysts previously estimating holdings of around 8,285 BTC.
The newly disclosed figures place SpaceX among the largest corporate Bitcoin holders globally. With 18,712 BTC, the company now ranks 7th among corporate Bitcoin holders, surpassing sister company Tesla, which reportedly holds 11,509 BTC.
The largest corporate Bitcoin holder remains Strategy, which recently acquired an additional 24,869 BTC, taking its total holdings to 843,738 BTC.
In its prospectus, SpaceX stated that it sees a total addressable market of approximately $28.5 trillion and intends to pursue opportunities aligned with its repeatable business model. The filing also revealed that Elon Musk will retain approximately 85.1% of the company’s voting power following the IPO, ensuring significant influence over major corporate decisions after the public listing.
The announcement comes amid growing institutional interest in digital assets. The filing also referenced the successful IPO of Circle, which raised more than $1 billion during its public debut and attracted strong investor demand from major firms, including ARK Investment Management and BlackRock.
The disclosure provides one of the clearest indications yet of SpaceX’s long-term confidence in Bitcoin as part of its treasury management strategy.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream LinkedIn | The Mainstream Facebook | The Mainstream Youtube | The Mainstream Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.