# Crypto Treasury Companies Trade Below Their Holdings as Musk's Companies Discuss Combining 30,000 Bitcoin

Forward Industries' Solana treasury trades at a discount of 16.8 to 30 percent depending on how its shares are counted, while Jane Street raised its stake in Strategy by 54 percent.

- Published: 2026-11-13T05:45:42.603Z
- Canonical: https://polylog.news/crypto/2026-11-13/crypto-treasury-companies-trade-below-their-holdings-as-musk
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/markets/2026/11/13/spacex-tesla-merger-talks-put-30-000-bitcoin-back-in-focus), [CryptoSlate](https://cryptoslate.com/solana-treasury-forward-industries-flashes-a-30-sol-discount-with-a-catch/), [Bitcoin Magazine](https://bitcoinmagazine.com/news/jane-street-lifts-strategy-mstr-stake), [CoinMarketCap Academy](https://coinmarketcap.com/academy/article/tesla-spacex-bitcoin-treasury)

Merger talks between SpaceX and Tesla could produce an announcement as soon as December, CoinDesk reported. A deal would put about 30,000 bitcoin, worth roughly $2.1 billion at current prices, inside one company. That is a small share of th…

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