SpaceX disclosed 18,712 BTC purchased for ~$661 million and valued at $1.29 billion as of March 31 in its S-1 filing, positioning it among the largest corporate holders.
The aerospace giant completed its historic Nasdaq debut, raising $75 billion in the largest IPO ever, with shares surging in post-IPO trading.
Unlike dedicated Bitcoin treasury firms, SpaceX treats its holdings as a non-core strategic cash reserve, a framing that could...
Bitcoin Surges Past $65,000 as Trump Declares US-Iran Peace Deal Complete, Reopening Strait of Hormuz
Written on .
Bitcoin (BTC) rose over 2% to surpass $65,000, hitting an intraday high of $65,641 following de-escalation signals.
President Trump declared the US-Iran deal “now complete” on Truth Social, authorizing immediate toll-free reopening of the Strait of Hormuz and lifting the US naval blockade.
Oil prices fell sharply, with WTI crude down ~3.2% near $84.88/barrel and Brent ~3.4% lower, easing supply disruption fears.
Formal signing ceremony...
Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over
Written on .
Bitcoin reached a cycle low of approximately $59,375 before recovering to trade near $63,500, a 53% drawdown from its October 2025 all-time high of $126,000.
Standard Chartered analyst Geoffrey Kendrick declared the “crypto winter” over, citing the SpaceX IPO and potential U.S.-Iran de-escalation as key catalysts.
SpaceX completed its record $75 billion IPO at $135 per share, debuting with strong gains and indirect Bitcoin...
SpaceX Makes Historic Nasdaq Debut, Shares Surge Over 20% to Top $2 Trillion Valuation
Written on .
SpaceX debuted on the Nasdaq under the ticker SPCX after pricing its record-breaking initial public offering at $135 per share to raise $75 billion.
Shares opened at $150 and surged past $176 in intraday trading, driving the company’s market capitalization above $2 trillion.
The historic market debut officially crowns CEO Elon Musk as the world’s first trillionaire, with a paper net worth reaching an estimated $1.1...
Second Circuit Upholds Sam Bankman-Fried’s FTX Fraud Conviction
Written on .
The Second Circuit Court of Appeals on June 12, 2026, affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy tied to FTX’s collapse.
A three-judge panel found no reversible error by trial judge Lewis Kaplan and described the government’s evidence as robust, rejecting claims that the trial was unfair.
Arguments that Bankman-Fried intended to repay customers or that misappropriated funds were invested...




