SpaceX Bitcoin Treasury Surges Over $191 Million as Price Reaches Nearly $86,000

SpaceX's Bitcoin holdings have reached an estimated valuation of $1.61 billion following a 14% rally in Bitcoin prices to nearly $86,000 as of October 6. The position gained over $191.72 million across 20 days, up from $1.41 billion on September 16 when Bitcoin traded near $75,585. The company's cumulative profit expanded to approximately $909 million from $490 million recorded in July. Official filings from June 30 previously showed 18,712 BTC valued at $1.098 billion, while current estimates track an unconfirmed balance of 18,720 BTC.