Elon Musk’s Companies’ Bitcoin Holdings Now Valued at $2 Billion

Tesla: Holds 11,509 BTC, valued at $1.17 billion USD

SpaceX: Owns 8,285 $BTC , currently worth $842 million USD

These purchases were made at an average cost of $34,980 per BTC, positioning Musk’s companies at a $1.3 billion profit, equivalent to a 186% increase on their Bitcoin investments.

This showcases a strategic bet on Bitcoin that has paid off significantly, aligning with Musk’s vocal support for cryptocurrency as a key financial asset.