SpaceX

SpaceX is Exploring Adding Bitcoin to its Books — Microstrategy CEO

While the crypto industry is still coming to terms with Tesla’s purchase of Bitcoin worth $1.5 billion, Michael Saylor, the chief executive officer of Microstrategy has said that another of Elon Musk’s company, SpaceX, has begun exploring the possibility of adding the leading crypto asset to its books. He made this statement in a podcast interview with Dr. Saifedean Ammous.

Saylor, a major proponent of the crypto king, disclosed that SpaceX had representatives among the 7,000 companies who were present at the pro-crypto event hosted by Microstrategy. The Bitcoin event, which enjoyed wide media coverage, had the aim of convincing other top companies across the world to add the digital asset to their balance sheet.

SpaceX not the Only top Company Looking at Bitcoin 

The Microstrategy CEO also went on to add that while the event was majorly dominated by private companies, some public companies and treasurers were also present at the event. In his words,

We had people from SpaceX there. We had people [from] some of Elon Musk’s companies. We had people from Marathon there. The ones you would expect were there, but of course there’s an avalanche of private companies, and there were a decent number of public companies and treasurers and CFOs that were lurking. Some don’t want to have their names mentioned, as you can imagine, because it’s a sensitive topic.

In recent times, Saylor has continued to spread the gospel of Bitcoin to institutional investors. He has constantly reiterated his belief that the asset could save companies from future inflation. He has also mentioned that Bitcoin could someday rise above big tech companies like Facebook and Google.

Elon Musk, founder of SpaceX and Tesla, has also expressed some comments that could be termed as pro-Bitcoin. At one time, he changed the bio of his twitter handle to “Bitcoin” and he recently also said that “when fiat currency has negative real interest, only a fool wouldn’t look elsewhere.”

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