CZ: We have never planned to sell SPCX shares; this asset is worth holding for the long term.

CZ clarified in a post on the X platform that he never indicated he intended to sell his SPCX shares. CZ previously mentioned holding SPCX to demonstrate that Binance holds other assets besides crypto assets, not to compare funds with FTX. CZ stated that the size of Binance's SPCX holdings poses no threat to FTX, and that the stock remains a high-quality asset worth holding for a long time to come. He also urged the public not to portray this as confrontation. Previously, CZ had told Musk that Binance's $500 million investment in Twitter was now worth over $1 billion.