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SpaceX IPO Brings Largest Corporate Bitcoin Treasury to Public Markets

SpaceX IPO Brings Largest Corporate Bitcoin Treasury to Public Markets

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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, Cryptocurrencies, Front page, News

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Bitcoin Surges Past ,000 as Trump Declares US-Iran Peace Deal Complete, Reopening Strait of Hormuz

Bitcoin Surges Past $65,000 as Trump Declares US-Iran Peace Deal Complete, Reopening Strait of Hormuz

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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, Cryptocurrencies, Front page, News

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Bitcoin Hits Cycle Low at ,000 as Standard Chartered Declares Crypto Winter Over

Bitcoin Hits Cycle Low at $59,000 as Standard Chartered Declares Crypto Winter Over

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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...

Bitcoin, Cryptocurrencies, ETF, Front page, News, TradFi

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Is SpaceX IPO Draining Bitcoin Liquidity.

Is SpaceX IPO Draining Bitcoin Liquidity?

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On June 12, 2026, SpaceX shares opened trading at $150 following its $75 billion IPO and merger with xAI. Elon Musk moved closer to becoming the world’s first trillionaire on paper. In crypto trading groups and institutional desks, the immediate question was not about rocket trajectories or AI model benchmarks. It was about capital: where would the money come from, and where would it go next? Early trading showed classic signs of capital...

Bitcoin, Cryptocurrencies, Main, TradFi

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US Wholesale Inflation Surges to 6.5% in May

US Wholesale Inflation Surges to 6.5% in May

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PPI advanced 6.5% over the 12 months ended in May, climbing from 5.7% in April to reach its highest level since November 2022. Energy prices served as the primary catalyst behind the surge, jumping 10.7% on a monthly basis, with gasoline prices alone spiking 23.4%. Core PPI, which excludes food and energy, increased 4.9% on an annual basis, coming in below the projected 5.4% but reinforcing a persistent underlying inflation...

Bitcoin, Cryptocurrencies, Front page, News

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