Saylor Highlights Bitcoin Adoption Among Elite Companies
- Michael Saylor announced that the newly termed Mag8 group holds bitcoin on their balance sheets.
- The Mag8 includes Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, Tesla, and SpaceX.
- SpaceX became the eighth member after its $1.75 trillion IPO, the largest in history.
- SpaceX holds approximately 18,712 BTC, while Tesla has 11,509 BTC.
- Strategy remains the largest publicly listed bitcoin holder with 845,256 BTC, valued at over $54 billion.
Saylor’s recognition of the Mag8 highlights a significant trend in corporate adoption of bitcoin. With companies like SpaceX and Tesla holding substantial amounts of bitcoin, this reflects a growing acceptance within major financial players.
Currently, about 25% of Saylor’s Mag8 firms hold bitcoin on their balance sheets. This includes SpaceX’s holdings of 18,712 BTC, further solidifying its position among top public bitcoin holders.
