May 21 Crypto Update: SpaceX Discloses 18,712 BTC; Hyperliquid FDV Hits $54B, Tops Solana
On May 21, SpaceX's pre-IPO filing disclosed 18,712 BTC valued at $1.45 billion, as Hyperliquid's fully diluted valuation climbed to $54 billion and its HYPE token rose 20%. Separately, South Korean funeral firm Bumo Sarang reportedly lost $33 million in customer prepaid funds after a 2x leveraged bet on the BitMine ETF turned against it.