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SpaceX Reports $540 Million Unrealized Loss on Bitcoin Holdings, Maintained 18,712 BTC
SpaceX, led by Elon Musk, reported a $540 million paper loss on its Bitcoin holdings in its first earnings report as a public company. The company maintained its 18,712 Bitcoin, but their value declined to $1.10 billion by June 30 from $1.64 billion at the end of 2025, attributing the loss to a 33% drop in Bitcoin's price during that period.
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