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Bitcoin

Tesla And SpaceX Merger Could Unite 30,221 Bitcoin — What Does It Mean For BTC Price?

Image: Bitcoinist

Elon Musk’s two biggest companies could be moving closer to a historic merger, raising new questions about the future of their substantial Bitcoin holdings. As SpaceX’s Bitcoin treasury continues to attract attention from institutional investors, fresh reports suggest that Tesla and SpaceX are advancing negotiations that could bring more than 30,000 BTC under one corporate structure. The proposed transaction would combine two of the world’s most valuable technology businesses, potentially creating a company worth approximately $3.45 trillion based on their recent market valuations. For Bitcoin investors, however, the most interesting development may not be the merger itself, but what happens to the companies’ cryptocurrency reserves.

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