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Reports of SpaceX-Tesla Merger Talks Draw Attention to Tesla Bitcoin Holdings
(3 hours ago) · 1 source · Summarized by CryptoBipto
Reports have emerged of merger discussions between SpaceX and Tesla, drawing renewed attention to Tesla's bitcoin holdings, which have been reported at approximately 30,000 BTC. The potential combination of the two Elon Musk-led companies has raised questions about how the merged entity would handle Tesla's existing cryptocurrency position.
WHY IT MATTERS
Tesla is one of the largest publicly traded companies to hold bitcoin on its balance sheet.
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SOURCES
- coindesk.com
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