Saylor: 25% of Mag8 companies now hold BTC

MicroStrategy founder Michael Saylor congratulated Elon Musk and SpaceX on its initial public offering (IPO), stating on X that 25% of Mag8 companies now hold Bitcoin (BTC) on their balance sheets. While congratulating the company on its historic IPO, Saylor did not disclose which specific companies he was referring to or the amount of BTC they hold. The term Mag8 (Magnificent 8) refers to the group of large U.S. tech stocks known as the Magnificent 7, with the addition of SpaceX.