SpaceX Bitcoin Holdings Increase in Value by $191 Million Over 20 Days
The valuation of SpaceX’s 18,720 Bitcoin reserve rose by over $191 million over a 20-day span as market prices climbed toward $86,000.
SpaceX’s Bitcoin reserves increased in value by more than $191.72 million over a 20-day period ending October 6, according to Arkham Intelligence data reported by Finbold. The valuation of the aerospace firm's digital asset holdings rose from $1.41 billion on September 16 to $1.61 billion as Bitcoin's price advanced 14% from $75,585 to nearly $86,000.
Arkham data indicates that SpaceX made no purchases or sales during this timeframe, keeping its balance steady at 18,720 BTC. Over a wider three-month window, estimated paper profits on the firm's position expanded from $490 million on July 7 to $909 million.
The article noted that institutional interest and regulatory developments have supported broader market momentum, with Wall Street firms such as Citigroup and Bernstein projecting potential further price gains for the asset by the end of 2026.
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