SpaceX will become the largest diversified public company holding Bitcoin (CRYPTO: BTC) when it lists June 12, according to Grayscale Research.

SpaceX Holds 0.1% Of IPO Valuation In Bitcoin

The rocket maker’s 18,712 coins are worth roughly $1.4 billion—just 0.1% of its $1.75 trillion expected post-IPO market cap. 

That makes it a very different animal from Strategy Inc. (NASDAQ:MSTR), which holds 843,738 Bitcoin representing over 80% of its market value.

Grayscale separates corporate Bitcoin holders into two camps. Strategy operates as a pure-play Digital Asset Treasury where Bitcoin defines the whole business. 

For SpaceX, its rockets, Starlink network, and government contracts…

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Spot Bitcoin (CRYPTO: BTC) ETFs extended their losing streak Tuesday, as investors pulled another $333.7 million from U.S.-listed funds, marking the seventh consecutive day of net outflows.

Why Bitcoin ETFs Are Seeing Outflows

The seven-day streak has now erased roughly $1.88 billion from spot Bitcoin ETF products marking the longest run of outflows since December 2025. ETF outflows for the past two consecutive weeks stand at around $2.3 billion.

Analysts pointed to a mix of macro uncertainty, portfolio repositioning and renewed appetite for AI stocks.

“The ETF outflow streak actually shows that Bitcoin has increasingly become a fully institutionalized macro-risk asset,” Jeff Ko, chief…

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U.S. stock futures rose on Wednesday, after a mixed close on Tuesday as the Nasdaq advanced, led by tech stocks, while the Dow Jones index ended lower.

Meanwhile, the 10-year Treasury bond yielded 4.46%, and the two-year bond was at 4.02%. The CME Group’s FedWatch tool‘s projections show markets pricing a 99.9% likelihood of the Federal Reserve leaving the current interest rates unchanged during June’s meeting.

IndexPerformance (+/-)Dow Jones0.39%S&P 5000.28%Nasdaq 1000.42%Russell 20000.67%Stocks In FocusBox
Box Inc. (NYSE:BOX) was down 2.42% in premarket on Wednesday despite reporting better-than-expected results for the first quarter and raising its FY27 outlook.

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Cryptocurrency bookmakers are not pricing in particularly high chances of the U.S. gaining possession of Iran’s enriched uranium stockpile anytime soon.

Polymarket Sees Aggressive Betting

Polygon (CRYPTO: POL)-based Polymarket showed a 22% possibility of this happening anytime this year, down 6 percentage points in a week.

The odds of the U.S. obtaining Iran’s nuclear dust by the end of June were only 7% as of this writing.

The bet has already garnered over $22 million. To qualify, the U.S. government or military must confirm that they have physical custody or control of the enriched uranium, regardless of whether it is held within U.S. territory or in another location.

Meanwhile,…

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Leading cryptocurrencies dived, while stocks closed at record highs on Tuesday as Middle East tensions remained elevated.

Bears Dominate Crypto Market

Bitcoin sank below $76,000, with trading volume soaring 76% in the last 24 hours. Selling pressure also increased for Ethereum, while XRP and Dogecoin stalled.

Over $300 million was liquidated from the cryptocurrency market in the past 24 hours, with $200 million in long position erased, according to Coinglass data.

Bitcoin’s open interest jumped 4% over the last 24 hours. An increase in Open Interest alongside a drop in the spot price typically indicates that short sellers are entering new positions, which in turn reflects high bearish…

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