SpaceX's Bitcoin holdings, held in Coinbase Prime custody, have declined by 5 million over three months, reducing the total value from 0 million to 5 million. The company currently holds 8,285 Bitcoin, reflecting broader market volatility in the cryptocurrency sector. This decline occurs as SpaceX prepares to file for an IPO, raising questions about the stability of its crypto assets. The move highlights risks for investors holding cryptocurrencies as collateral against market downturns.
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