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SpaceX Bitcoin holdings shrink by over $300 million, currently valued at $692 million
【Chain News】SpaceX’s Bitcoin account has recently experienced a wave of shrinkage. From the historical peak on October 7, when SpaceX’s Bitcoin holdings reached a high of $1.03 billion, it has now become quite embarrassing—on paper, shrinking by over $300 million. Currently, SpaceX’s Bitcoin reserves are slightly over 8,000 coins, with a market value of approximately $692 million. This change reflects the recent volatility in Bitcoin prices and also reminds us how sensitive the assets of large holders are to market fluctuations. From a numerical perspective, the decline from the historical high to now is quite significant, serving as a noteworthy reference for any institution holding large amounts of Bitcoin.