<ul data-eligibleForWebStory="true"><li>Tesla and SpaceX, companies linked to Elon Musk, have seen their combined Bitcoin holdings surpass $2 billion, indicating significant returns on investments made during the early 2021 bull cycle.</li><li>Tesla entered the Bitcoin market in February 2021, acquiring 11,509 BTC at an average price just above $33,500. The current value of Tesla's Bitcoin holdings is approximately $1.25 billion, marking a gain of over 220%.</li><li>SpaceX reportedly holds 8,285 BTC, with a value of around $896 million.</li><li>Tesla now ranks among the top 10 corporate holders of Bitcoin, with companies like MicroStrategy leading the pack. The growth in Musk's companies' Bitcoin investments showcases the impact of institutional adoption on Bitcoin's narrative.</li></ul>

Elon Musk-Linked Companies’ Bitcoin Holdings Quietly Climb Past $2 Billion

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