SpaceX's holdings of Bitcoin have dropped to approximately 8280

According to The Block, SpaceX disclosed in its S-1 filing that it had held 18712 bitcoins at a purchase cost of $661 million, with each coin costing approximately $35000. SpaceX began purchasing Bitcoin in 2021, which is close to the time Tesla spent $1.5 billion to purchase the currency that year. According to Arkham data, SpaceX's holdings dropped to 6095 bitcoins last year and are currently around 8280. If holding more than 18000 coins, SpaceX will become the seventh largest Bitcoin holder, second only to Coinbase.