
SpaceX’s $85 billion IPO windfall went everywhere except Bitcoin
The company parked $76 billion in money funds and government securities while AI spending exploded but its 18,712 BTC balance stayed flat.
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A devastating six-month bleed has wiped $165 million from Grayscale's XRP trust through a toxic mix of mass exits and market crashes.

Covered users must close positions and withdraw by 23:59 UTC, while the wider platform keeps two Aug. 26 clocks.

The product-wide pause followed an $18.1 million BSOL outflow while seed and conversion capital complicate the cumulative total.

CoinGecko shows 208.33 million and Tokenomics.com 233.332 million, but accessible official terms confirm only the investor-and-contributor tranche.

Redemptions exceeded mints, yet circulation rose 19% as lower reserve yield sharpened attention on an undisclosed ARC Token contribution.

Bitcoin holdings rose 0.10%, while effective common shares increased 0.13% and trimmed gross per-share exposure by about 0.03%.



