Saylor to Musk: Thanks to you, 25% of 'Mag8' firms now hold bitcoin

Markets Saylor to Musk: Thanks to you, 25% of 'Mag8' firms now hold bitcoin "Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote on X, congratulating Musk on SpaceX's historic IPO debut. By Omkar Godbole Jun 13, 2026, 1:05 p.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Saylor thanks Musk for Mag8 firms' BTC holdings. (CoinDesk) Summary Show Strategy chairman Michael Saylor congratulated Elon Musk on SpaceX's Nasdaq debut, noting that 25% of what he calls the "Mag8" now holds bitcoin on the balance sheet. SpaceX, which debuted on Nasdaq Friday, is already the world's eighth-largest public bitcoin holder. Michael Saylor, co-founder of Strategy, the world's largest publicly listed bitcoin holder, has a new term for Wall Street's most elite stocks and a congratulatory message for Elon Musk. Following SpaceX's historic Nasdaq debut Friday, the Strategy chairman took to X to congratulate Musk, noting that with SpaceX now public, 25% of what he calls the "Mag8" firms now hold bitcoin on their balance sheets. "Thanks to you, 25% of the Mag8 now holds bitcoin on the balance sheet," Saylor wrote . The Mag8 appears to be Saylor's expanded version of the widely used Magnificent Seven group, which includes Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla. He has added SpaceX as the eighth member following its $1.75 trillion IPO, the largest public offering in history. Both Tesla and SpaceX, the two Musk-led companies in the group, already held bitcoin on their balance sheets before the IPO. SpaceX is already the eighth-largest public bitcoin holder, with 18,712 BTC on its balance sheet, according to BitcoinTreasuries.net . Tesla, meanwhile, holds 11,509 BTC. Strategy remains the leader with a coin stash of 845,256 BTC worth over $54 billion. Bitcoin News Latest Crypto News 1 Crypto should adopt the best of centralization, says LMAX CEO 6 minutes ago 2 Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC 1 hour ago 3 Top cryptographers can't agree on Bitcoin's biggest quantum question 6 hours ago 4 Anthropic's pre-IPO shares fall as US government shuts down its most powerful AI model 7 hours ago 5 Bitcoin steadies above $63,000 as its worst week in months got a late macro rescue 7 hours ago 6 SpaceX IPO scramble reveals difference between tokenizing a stock and getting one 7 hours ago 7 Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst 18 hours ago 8 VanEck bets BNB’s real-world usage can stand out in a crowded crypto ETF market 21 hours ago 9 Elon Musk's SpaceX soars 20% in blockbuster Nasdaq debut 21 hours ago 10 Bloomberg Analyst: Most Bitcoin ETF Investors Have Stayed Put Despite Outflows 21 hours ago Latest Research The Incentive Dynamic Engine: A New Era for io.net Tokenomics The Incentive Dynamic Engine: A New Era for io.net Tokenomics io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model - live as of 11 June 2026. By CoinDesk Research Jun 12, 2026 Commissioned by io.net io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model - live as of 11 June 2026. Why it matters : io.net's IDE ties token burns to real GPU demand, replacing fixed emissions with a demand-linked model - live as of 11 June 2026. View Full Report More From Markets Anthropic's pre-IPO shares fall as US government shuts down its most powerful AI model Bitcoin steadies above $63,000 as its worst week in months got a late macro rescue Bitcoin hit bottom at $59,000 marking end to the crypto winter, says Standard Chartered analyst