
Anthony Scaramucci, the founder of SkyBridge Capital, has forecasted a significant surge in corporate adoption of Bitcoin following the news that SpaceX, owned by Elon Musk, has steadfastly maintained its substantial Bitcoin holdings despite facing considerable financial setbacks.
Scaramucci highlighted SpaceX as a prime example of how companies can strategically utilize Bitcoin as a reserve asset on their balance sheets.
“Before long, every corporation will include Bitcoin in their financial statements,” he asserted.
SpaceX’s Resilience
The impetus for Scaramucci’s remarks stems from recently uncovered financial information that underscores SpaceX’s unwavering dedication to its digital asset portfolio.
As per data from Arkham Intelligence and a recent article by The Information, SpaceX currently possesses exactly 8,285 BTC, which is valued at over $600 million.
The company has opted not to sell this volatile cryptocurrency to bolster its finances even after incurring losses amounting to $5 billion.
Despite these challenges, SpaceX’s overall revenue rose to $18.5 billion in 2025; however, losses tied to its artificial intelligence initiative xAI have significantly overshadowed sales figures.
Sincemid-2024, SpaceX’s position in Bitcoin has remained entirely intact.
Interestingly enough, the company began accumulating this digital currency before Tesla did so publicly.
On-chain data reveals that SpaceX made its initial purchase of Bitcoin on December 31. Elon Musk confirmed this acquisition publicly in 2021 while also revealing his personal investments in Bitcoin along with Ethereum and Dogecoin at that time.
The Anticipated IPO
The upcoming initial public offering (IPO) necessitates that the firm disclose its $603 million worth of Bitcoin holdings for the first time through official regulatory documents.
This disclosure will require reporting these assets at fair market value.
The soon-to-be-public giant is expected to further legitimize and normalize the use of Bitcoin as a long-term treasury asset among corporations.