Grayscale: SpaceX Expected to Become Largest Public Company Holding Bitcoin
Grayscale says Elon Musks SpaceX could become the most valuable public company holding bitcoin after its expected IPO, while Strategy would likely remain the largest holder by $BTC amount. Its S-1 filing lists 18,712 $BTC under digital assets. Key Takeaways:Grayscale said Elon Musks SpaceX could become the most valuable public company holding bitcoin.Diversified businesses may increase $BTC allocations as treasury-focused firms dominate current rankings.SpaceXs IPO could expand investor visibility into corporate bitcoin balance-sheet strategies. SpaceX IPO Could Reshape Corporate Bitcoin Rankings Crypto asset manager Grayscale Investments said in a blog post on May 26 that Elon Musk‘s SpaceX is poised to become the most valuable public company holding $BTC, after its expected initial public offering (IPO) in June. Michael Saylor’s Strategy would likely remain the largest public-company bitcoin holder by $BTC amount. SpaceX owns 18,712 $BTC, based on its registration statement (S-1 filing) with the U.S. Securities and Exchange Commission (SEC). Grayscale Head of Research Zach Pandl divided corporate bitcoin holders into two categories. Digital asset treasuries (DATs) primarily exist to provide investors with $BTC exposure through public markets. Strategy is the largest DAT, currently holding 843,738 $BTC. Diversified businesses, by contrast, hold bitcoin alongside operating businesses as part of broader treasury management. Musks