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

MarketsSaylor 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 readMake preferred on ShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailMake preferred on SummaryShowStrategy 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 NewsLatest Crypto News 1Crypto should adopt the best of centralization, says LMAX CEO 1 hour ago2Ripple wants AI agents to pay in XRP and RLUSD. The market is still mostly USDC2 hours ag…

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

Coins in this story

Related stories

StanChart looks for 3 signs of BTC bottom, including Strategy’s Monday news

Pokémon Card Sales Are Surging on Crypto Platforms—Just Don't Call It Gambling

Bitcoin hits a two-week high above $65,500 as the US-Iran deal sends oil sliding