Strategy Surpasses BlackRock in Bitcoin Holdings at $75K Average Cost

2 hours ago 1

Rommie Analytics

Key takeaways:
  • Strategy holds 815,061 BTC.
  • Latest purchase: 34,164 BTC.
  • Strategy now controls 4% of Bitcoin’s total circulating supply.
  • Realized price of entire stack: ~$75,527 per BTC.
  • Current BTC price $75,600.
  • Estimated current profit on full position: $242 million.
  • Stated target: 5-7% of total Bitcoin supply.

On April 21, Strategy disclosed a purchase of 34,164 BTC, bringing its total holdings to 815,061 BTC and pushing it past BlackRock’s iShares Bitcoin Trust, which held 802,823 BTC as of April 17. The gap between the two largest Bitcoin holders is now approximately 12,000 coins.

The accumulation chart makes the journey visible in a way the headline number alone cannot. From 2021 through mid-2024, Strategy’s Bitcoin staircase climbed gradually, consistent purchases, moderate step sizes. From mid-2024 onward the character of the buying changed. The steps became larger,...

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