According to BlockBeats news, on September 27, according to data disclosed by Arkham on the X platform, the combined value of Bitcoin holdings in Elon Musk’s Tesla and SpaceX companies has reached $1.3 billion.

The news shows that top technology companies’ interest in and investment in cryptocurrencies continues to grow, further solidifying Bitcoin’s position in global financial markets. On-chain data analysis shows that the position holding behavior of large institutions has a significant positive impact on market confidence, which may push more companies to join the ranks of crypto asset investments in the future.