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Jai Hamid

Michael Saylor dubs "Mag8" after SpaceX's June 12, 2026 IPO and BTC disclosure

Following SpaceX's June 12, 2026 IPO at a valuation above $2 trillion, Strategy (NASDAQ: MSTR) executive chairman Michael Saylor said the market's "Magnificent Seven" should become "Mag8." SpaceX's S-1 listed 18,712 BTC worth about $1.18 billion, while Strategy reported adding more than 90,000 BTC in Q1 2026 and remains the largest institutional Bitcoin holder.
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