Binance has realized a paper gain of approximately $325 million from its investment in X, formerly known as Twitter, according to Arkham analyst Emmett Gallic. Initially, Binance invested $500 million in a $44 billion acquisition, securing a 1.14% stake. Following the merger of X with xAI and subsequent transactions involving SpaceX, the combined entity is now valued at around $1.25 trillion. Consequently, Binance's stake has been diluted to approximately 0.066%, with its current value estimated at $825 million.
Binance Sees $325 Million Gain from Investment in X
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