Grayscale Reveals The One DAT That Could Beat MicroStrategy’s Bitcoin Treasury
BeInCrypto
Grayscale research suggests SpaceX's upcoming IPO may make it a leading diversified public company holder of Bitcoin, distinct from pure-play firms like MicroStrategy.Summary
Grayscale reports that SpaceX is positioned to become a major public company holder of Bitcoin ahead of its June IPO, with 18,712 BTC on its balance sheet. Grayscale distinguishes between pure-play "Digital Asset Treasuries" (DATs) like MicroStrategy, which focus almost entirely on Bitcoin, and diversified companies like SpaceX, whose primary revenue stems from aerospace, Starlink, and government contracts. While MicroStrategy holds significantly more Bitcoin, SpaceX represents a growing trend of corporations using Bitcoin as a portfolio hedge rather than a primary business strategy.
(Source：BeInCrypto)