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I Underestimated Just How Many Subpoenas I Would Get

The number of subpoenas early crypto companies got from misinformed government agencies was "staggering," says Bloq's Steve Beauregard.

Updated Sep 13, 2021, 9:13 a.m. Published May 19, 2019, 11:30 a.m. 1 min read
Steve Beauregard

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(Win McNamee/Getty Images)

CNBC reported Tuesday that Musk is discussing a merger between Tesla and SpaceX that would tie his tech empire closer together and instantly create the world’s fifth-largest corporate bitcoin treasury, worth $3.3 billion.

What to know:

  • Elon Musk is exploring a potential merger of Tesla and SpaceX, a move that would deepen operational overlap in areas such as power infrastructure and AI-related computing.
  • A combined Tesla-SpaceX entity would control about 30,221 bitcoin, worth roughly $3.3 billion, making it the fifth-largest public corporate holder of the cryptocurrency.