SpaceX Bitcoin write-down sparks confusion, Bitcoiners quiz Elon Musk

SpaceX’s write-down report on Aug. 18 sparked confusion among the many crypto neighborhood. The report printed in The Wall Avenue Journal puzzled many, who questioned whether or not SpaceX held $373 million value of Bitcoin (BTC) and offered it in 2021–2022 or whether or not they solely diminished their Bitcoin publicity by the identical quantity.

A number of social media shops reported that SpaceX had offered its whole BTC holdings, whereas others expressed uncertainty, claiming they have been unable to verify the quantity primarily based on the wording of the report.

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