Space Exploration Technologies Corp.
(NASDAQ:SPCX) didn't sell any of its Bitcoin (CRYPTO: BTC) in the second quarter, but the position suffered a sizable unrealized loss.
SpaceX Hit by Crypto Bear Market SpaceX reported digital assets worth $1.1 billion as of June 30, down 31% from $1.6 billion in the previous quarter.
This leaves the space exploration company with nearly $540 million in paper losses.
SpaceX didn't publish a detailed breakdown of its cryptocurrency holdings, much like Elon Musk’s other major company, Tesla Inc.
