Aerospace manufacturer SpaceX is holding 8,285 BTC valued at $603 million in its corporate treasury despite posting a net loss of nearly $5 billion in the 2025 fiscal year, according to on-chain data.
"The holdings, stored in Coinbase Prime custody, were identified by on-chain analytics firm Arkham Intelligence," a report from The Information on April 11, 2026, said.
The specific Bitcoin addresses linked to SpaceX show the entirety of the 8,285 BTC position remains intact. This corporate treasury allocation persists even as the company navigates significant financial headwinds, choosing not to liquidate its crypto assets to offset operational losses. The decision comes from a company with a major presence in the tech and innovation sectors, often seen as a bellwether for corporate adoption of new technologies.
While the continued holding is a sign of long-term corporate conviction in Bitcoin, it also presents a potential overhang for the market. Should SpaceX's financial situation require future liquidity, the sale of its $603 million crypto position could create significant sell pressure on Bitcoin, impacting its price and the broader crypto market. The situation draws parallels to other corporate treasury programs, such as MicroStrategy's, though SpaceX's holdings are not as central to its corporate identity.
This article is for informational purposes only and does not constitute investment advice.