Recent data released by Cointelegraph shows that Tesla and SpaceX are among the leading technology companies holding significant amounts of Bitcoin (BTC). Together, both companies reportedly control nearly 20,000 BTC, an amount worth approximately $2.2 billion at current market prices. This positions them as major institutional players in the global crypto market.

Tesla, led by billionaire entrepreneur Elon Musk, has consistently made headlines for its bold moves in the cryptocurrency space. The company first invested in Bitcoin back in 2021, marking a turning point for corporate adoption of digital assets. Since then, Tesla’s name has been strongly tied to Bitcoin’s reputation and growth.

SpaceX, Musk’s aerospace company, also owns a considerable portion of Bitcoin. Although the company is more focused on space exploration and technology, its involvement in the crypto market demonstrates how far-reaching Bitcoin’s influence has become. The fact that a space technology company holds BTC emphasizes its role as a global store of value beyond traditional finance.

The report underlines the growing confidence of major corporations in Bitcoin as both an investment and a hedge against inflation. With Tesla and SpaceX holding such massive amounts, other technology firms may soon follow their lead. This trend could further legitimize Bitcoin’s position in mainstream finance and accelerate worldwide adoption of digital assets.