SpaceX reportedly prepares for its IPO and Tehran's multi-billion dollar parallel economy.

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SpaceX has held Bitcoin for years without ever having to explain why to the public market

investors, but that's going to change.

Elon Musk's rocket company is reportedly targeting a confidential IPO filing as soon as

March, aiming for a record-breaking $1.75 trillion valuation. And buried inside that filing will be

8,285 Bitcoin. Arkham intelligence data shows SpaceX's identified wallets held about $544.8 million

in Bitcoin as of Saturday morning, spread across 43 addresses in Coinbase Prime custody. Just two months ago,

that stack was worth nearly $780 million, but the slide in Bitcoin's price means that SpaceX's

public debut will likely come with significant paper losses attached to its balance sheet.

As of this morning, the largest cryptocurrency by market cap is trading at around $66,000.

U.S. and Israeli strikes on Iran drew attention to Tehran's multi-billion dollar parallel economy built with Bitcoin mining and stable coins.

Since legalizing mining in 2019, Iran has used Bitcoin to bypass the U.S. dollar and settle international trade.

Blockchain analytics firm Chainalysis estimates the country's crypto ecosystem hit

$7.78 billion in 2025.

The Islamic Revolutionary Guard Corps is deeply embedded in the sector with IRGC linked wallets

accounted for over 50% of Iranian crypto inflow last quarter, moving more than $3 billion.

As military tensions rise, experts warn that strikes on power infrastructure could cripple

this financial valve. And Michael Saylor's strategy has raised the annualized dividend again on

its STRC preferred stock to 11.5% up by 25 basis points. The move is designed to keep the preferred

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