Strategy chairman Michael Saylor congratulated Elon Musk on SpaceX's historic Nasdaq debut Friday, coining the term "Mag8" and noting that 25% of the group now holds bitcoin on the balance sheet.

Elon Musk’s mega-company holds more Bitcoin than cryptocurrency broker Coinbase.

Elon Musk's SpaceX is set to begin trading on the Nasdaq under the ticker SPCX on Friday, officially joining the ranks of public Bitcoin treasury companies with 18,712 BTC worth…