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SpaceX Reports $540 Million Losses on Bitcoin Holdings in Q2 — Elon Musk-Led Rocket Company Didn't Sell Any

SpaceX Reports $540 Million Losses on Bitcoin Holdings in Q2 — Elon Musk-Led Rocket Company Didn't Sell Any

Space Exploration Technologies Corp. (NASDAQ:SPCX) didn't sell any of its Bitcoin (CRYPTO: BTC) in the second quarter, but the position suffered a sizable unrealized loss. SpaceX Hit by Crypto Bear Market SpaceX reported digital assets worth $1.1 billion as of June 30, down 31% from $1.6 billion in the previous quarter.

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Source: Benzinga
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