SpaceX, Strategy, and Sharks Are Hugging How Much Bitcoin at Record Prices

Bitcoin hits new high, surpassing Google in value

Continuously breaking records, attracting strong institutional capital
On August 14, Bitcoin reached a new historical peak of 124,400 USD , bringing its market value to 2.45 trillion USD , surpassing Google ($2.448 trillion) to become the 5th largest asset in the world .

This increase comes not only from individual investors but also from a strong wave of buying by large organizations and businesses .

Corporate “HODL” strategies, coupled with expectations of a Fed rate cut in September following July’s CPI numbers, are driving up demand for BTC.

SpaceX and Tesla Hold Over $2.4 Billion in Bitcoin
According to Arkham Intelligence, SpaceX purchased a total of 8,285 BTC from late 2020 to mid-2022, currently worth $1.02 billion .

The company previously held 28,000 BTC but sold nearly 70% during the 2022 volatility, including the FTX and Terra-Luna crashes.

Elon Musk's Tesla also owns 11,509 BTC , equivalent to $1.42 billion . Together, the two companies hold more than $2.4 billion in Bitcoin, contributing to market confidence.

The "big guys" are racing to collect BTC
The world's largest BTC holder is still Satoshi Nakamoto with about 1.1 million BTC ($133.5 billion), richer than Bill Gates.

In the institutional group, MicroStrategy leads with 628,946 BTC ($77.2 billion) after buying another 155 BTC just three days ago.

Next are MARA Holding (50,639 BTC), XXI (43,514 BTC), Metaplanet (18,113 BTC) and Trump Media (15,000 BTC). The top 100 listed companies currently hold more than 951,000 BTC , creating a sustainable demand for the market and contributing to pushing prices to record levels.