Holy crap! Bloomberg just uncovered a shocking secret about Musk's SpaceX: a newly filed document with the SEC reveals that SpaceX actually holds a staggering 18,712 Bitcoins—more than double previous market estimates. Edward Ludlow, co-host of Bloomberg Technology, disclosed that the average acquisition price for this stash was around $35,000 per Bitcoin. This means the total purchase cost was only $661 million back then, but now the total market value of this holding has skyrocketed to over $1.3 billion, doubling their unrealized gains. This shows that SpaceX is being managed by an extremely sophisticated financial and treasury team for long-term operations. The document reveals that these Bitcoins are currently fully held by a third-party custodian and are strictly classified as a strategic anti-inflation excess cash reserve, equivalent to traditional cash or bonds. What’s even more noteworthy is that, on the eve of their highly anticipated IPO, SpaceX hasn’t sold a single Bitcoin since late 2024. This subtly signals their immense long-term confidence in the future value of this asset to the entire market.