Tokyo-listed Bitcoin Japan Corporation has quietly taken a stake in Elon Musk’s SpaceX, using a U.S.-based private secondary transaction that aligns with the firm’s push into digital infrastructure and AI compute exposure. The purchase was made through BTCJPN US LLC, Bitcoin Japan’s wholly owned U.S. subsidiary, via a special-purpose vehicle (SPV) run by a registered U.S. general partner. Bitcoin Japan says the move is part of a broader investment strategy focused on digital assets, AI compute infrastructure, satellite communications and next-generation technologies — areas it sees as long-term growth drivers tied to rising global demand for connectivity and compute capacity. “Global structural trends around AI infrastructure, AI compute, data connectivity and related digital infrastructure represent significant long-term investment opportunities,” Phillip Lord, representative director and CEO of Bitcoin Japan, said in the company statement. Lord added that SpaceX’s launch operations and its Starlink satellite network have already built “global-scale infrastructure assets,” making the investment a natural fit for Bitcoin Japan’s strategic priorities after a recent extraordinary shareholders’ meeting and a period of corporate consolidation. Bitcoin Japan cautioned the deal is governed by the SPV and limited partnership agreements and noted the usual private-company caveats: because SpaceX remains privately held, there are no guarantees on future liquidity events, valuation outcomes or returns. Market interest in SpaceX has accelerated ahead of its expected Nasdaq debut. Recent SEC disclosures show SpaceX holds 18,712 BTC — more than Tesla’s reported 11,509 BTC, according to BitcoinTreasuries data cited in earlier reports. Regulatory filings reviewed in May also suggested SpaceX could pursue a blockbuster valuation in the $1.75 trillion to $2 trillion range and target roughly $75 billion in capital through a planned public listing. Speculative activity around the potential IPO has spilled into crypto markets: derivatives desks at Bitget and Bybit launched SPCXUSDT perpetual contracts in May, offering traders leveraged exposure to SpaceX price expectations before any official pricing or listing. Even non-financial crypto figures are intersecting with SpaceX projects: Chun Wang, co-founder of mining pool F2Pool, was named as part of a planned Starship flyby mission beyond the Earth-Moon system and past Mars. Bitcoin Japan’s investment underscores a growing trend among crypto-focused firms to seek exposure to physical infrastructure and compute providers that could underpin next-generation Web3, AI and connectivity use cases. But as the company itself notes, stakes in private companies are inherently illiquid and speculative until a public market materializes. Read more AI-generated news on: undefined/news
