LinkedIn founder Reid Hoffman’s cryptocurrency portfolio is back in the spotlight. According to data from the on-chain data platform Arkham, Hoffman holds approximately 3,078 Ethereum (ETH) in known addresses.
Considering that Ethereum is priced at $2,028.89, the total value of these assets is approximately $6.25 million.
Hoffman’s portfolio includes not only ETH but also a CryptoPunk NFT that he purchased for 150 ETH late last year.
Hoffman’s former PayPal colleague, Elon Musk, prefers Bitcoin. Tesla, Inc., where Musk is CEO, and SpaceX have approximately $1.3 billion worth of BTC on their balance sheets.
According to the data, SpaceX holds 8,285 BTC, with a current value of approximately $558 million. Tesla, on the other hand, holds 11,509 BTC, a position worth around $775 million.
Assuming Bitcoin is trading at $67,352, the two companies’ total BTC holdings exceed $1.33 billion.
*This is not investment advice.
