Michael Saylor Says 25% of the Mag8 Now Holds Bitcoin On The Balance Sheet

Bitcoin is back in the spotlight, but not because of its price. While the world’s largest cryptocurrency traded near $63,975 at press time which is up 1% over the past 24 hours and 8.25% over the last week. A different conversation emerged today following SpaceX’s successful Nasdaq debut. This time, attention shifted toward corporate Bitcoin holdings and the growing role digital assets play on the balance sheets of major technology companies.SpaceX IPO Sparks Fresh Bitcoin DiscussionShortly after SpaceX’s stock market debut, a prominent corporate Bitcoin advocate Michael Saylor publicly congratulated Elon Musk and SpaceX on the milestone.The post highlighted an increasingly notable trend: Bitcoin now sits on the balance sheets of companies connected to the so-called Mag 8 group. According to the comments, SpaceX’s public listing further underscores how digital assets are becoming part of broader corporate treasury strategies.The discussion quickly turned from rockets and stock valuations to something crypto investors know well and it is that who owns the most Bitcoin.Tesla And SpaceX Hold Significant ReservesAccording to BitcoinTreasuries data, SpaceX currently holds 18,712 BTC, while Tesla owns 11,509 BTC.Combined, the two Musk-linked companies control 30,221 BTC, placing them among the more significant corporate holders globally.Although impressive, those numbers remain far behind the largest public corporate holder.Corporate Treasury Race Continues GrowingThe corporate treasury leaderboard remains dominated by Strategy, which holds 845,256 BTC according to BitcoinTreasuries data.Meanwhile, SpaceX has secured a place among the largest corporate Bitcoin owners. The company ranks eighth among public Bitcoin treasury holders, trailing firms including Twenty One Capital, Metaplanet, MARA Holdings, Bitcoin Standard Treasury Company, Bullish, and Strive.For now, the market may be focused on SpaceX’s historic IPO, but the conversation surrounding corporate Bitcoin holdings appears to be gaining momentum as more investors examine how major companies are approaching digital asset exposure. Story Ends HereTrust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.Read the Next News