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Bitcoin Japan Corporation invests in SpaceX ahead of planned IPO

Bitcoin Japan Corporation invests in SpaceX ahead of planned IPO插图

Tokyo-listed Bitcoin Japan Corporation has invested in SpaceX through a U.S.-based private secondary market transaction tied to digital infrastructure and AI expansion.

Summary

  • Bitcoin Japan Corporation has invested in SpaceX through a private secondary market transaction handled by its U.S. subsidiary.
  • The company said the investment fits its long-term focus on AI infrastructure, satellite communications, and digital connectivity sectors.
  • SpaceX has remained in focus across crypto markets after disclosing holdings of 18,712 Bitcoin ahead of its planned Nasdaq listing.

According to a press release shared with crypto.news, Bitcoin Japan made the investment through BTCJPN US LLC, its wholly owned U.S. subsidiary, using a Special Purpose Vehicle managed by a registered U.S. general partner. 

The company said the deal forms part of its investment activity focused on digital assets, AI compute infrastructure, satellite communications, and next-generation technology sectors.

SpaceX currently operates launch systems and the Starlink satellite communications network, while also expanding into AI infrastructure, compute capacity, and data center operations. Bitcoin Japan said those sectors represent long-term opportunities tied to global demand for connectivity and computing infrastructure.

Phillip Lord, representative director and CEO of Bitcoin Japan Corporation, said the company has concentrated on strengthening its corporate foundation after its extraordinary shareholders’ meeting while positioning itself for participation in high-growth technology industries.

“The global structural trends surrounding AI infrastructure, AI compute infrastructure, data connectivity, and related digital infrastructure represent what we believe to be significant long-term investment opportunities,” Lord said.

He added that SpaceX had already built global-scale infrastructure assets through its launch business and Starlink network, making the investment consistent with Bitcoin Japan’s long-term strategy.

Bitcoin Japan said its investment remains subject to the terms attached to the SPV and limited partnership agreements. The company also noted that because SpaceX is privately held, there is no guarantee regarding future liquidity events, valuation outcomes, or returns tied to the investment.

SpaceX draws crypto-linked investor interest ahead of IPO

Interest around SpaceX has continued to build across crypto and financial markets ahead of the company’s expected Nasdaq debut. 

As previously reported by crypto.news, SEC filings from the company showed that SpaceX disclosed holdings of 18,712 Bitcoin, placing the company ahead of Tesla’s reported Bitcoin balance of 11,509 BTC, according to BitcoinTreasuries data cited in previous reports.

Regulatory filings reviewed in May also indicated that SpaceX could seek a valuation between $1.75 trillion and $2 trillion while targeting a capital raise of roughly $75 billion through its planned public listing.

At the same time, crypto exchanges have started launching derivatives tied to SpaceX before any official IPO pricing has been finalized. Bitget and Bybit both introduced SPCXUSDT perpetual contracts in May, giving traders leveraged exposure to market expectations surrounding the listing without providing ownership of SpaceX shares.

Beyond financial markets, crypto-linked figures have also become connected to the company’s spaceflight projects. Chun Wang, co-founder of Bitcoin mining pool F2Pool, was recently named as part of a planned Starship flyby mission beyond the Earth-Moon system and past Mars.

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