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THE ARCH
THE ARCH

Where Web3 founders, talent, and partners meet.

Daily Digest · Free
PLATFORM
  • Partners Directory
  • All Categories
  • Marketplace
  • Find a Partner
  • Docs
  • Escrow
INTELLIGENCE
  • Web3 News
  • Daily Digests
  • Intel Reports
  • Web3 Events
  • RSS Feed
  • Substack ↗
GET INVOLVED
  • Get Listed
  • Get Your Verified Badge
  • Submit an Event
  • Become an Operative
  • Refer a Client
  • Book a Call
COMPANY
  • About
  • How It Works
  • Manifesto
  • Media Kit
  • Privacy
  • Terms
© 2026 THE ARCH · All rights reserved.
PRIVACYTERMSCOOKIES
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News
SpaceX Holds $603M Bitcoin Amidst $5B Loss; Arkham...
CoinDesk•Saturday, April 11, 2026 at 07:30 PM•1 min read

SpaceX Holds $603M Bitcoin Amidst $5B Loss; Arkham Data Reveals 8,285 BTC

Share:
The Arch TakeNeutral
BitcoinInstitutionalExchangeTrading

The aerospace company SpaceX, associated with Elon Musk, maintains significant Bitcoin holdings, totaling 8,285 BTC with an estimated value of $603 million. This information, sourced from Arkham data, indicates that these assets are held in Coinbase Prime custody. The decision to retain these Bitcoin reserves comes as SpaceX reports a substantial $5 billion loss, attributed to its involvement with xAI, a stark contrast to a previous $8 billion profit. This financial context emerges as the company moves towards an IPO.

Read full story at CoinDesk
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News
SpaceX Holds $603M Bitcoin Amidst $5B Loss; Arkham...
CoinDesk•Saturday, April 11, 2026 at 07:30 PM•1 min read

SpaceX Holds $603M Bitcoin Amidst $5B Loss; Arkham Data Reveals 8,285 BTC

Share:
The Arch TakeNeutral
BitcoinInstitutionalExchangeTrading

The aerospace company SpaceX, associated with Elon Musk, maintains significant Bitcoin holdings, totaling 8,285 BTC with an estimated value of $603 million. This information, sourced from Arkham data, indicates that these assets are held in Coinbase Prime custody. The decision to retain these Bitcoin reserves comes as SpaceX reports a substantial $5 billion loss, attributed to its involvement with xAI, a stark contrast to a previous $8 billion profit. This financial context emerges as the company moves towards an IPO.

Read full story at CoinDesk
Share:
📱

Never miss a Web3 update

Join our Telegram channel to receive news in real-time, straight to your phone.

Join Channel

Related News

Crypto industry to contribute $55B to US economy in 2026: NCA study

Cointelegraph•1d ago

As BitMEX exits, analysts warn crypto consolidation is accelerating

Cointelegraph•1d ago

Bitcoin May Have Already Bottomed—If the Fed Helps, Says Grayscale

Decrypt •1d ago

Robinhood CEO Vlad Tenev's X account hacked to promote token amid memecoin frenzy

CoinDesk•1d ago
← Back to News Feed