Elon Musk's space company, SpaceX, reduced by $373 million the value of its Bitcoin holdings last year and in 2021, the Wall Street Journal has reported.
The also X CEO said in a 2021 talk SpaceX owned Bitcoin, although the amount was not disclosed.
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Electric vehicle manufacturer Tesla, also owned by Elon Musk, also owned the crypto.
Musk said at the same event the company had added $1.5 billion in Bitcoin to the company's balance sheet. However, the company has disposed of about $939 million in the cryptocurrency since then.
It is worth noting that Musk has shown interest in cryptos in the past. Without going any further, several times he has influenced the price of the meme crypto Dogecoin through his posts on X, formerly Twitter.