Strategy’s Ambitious Goal to Acquire 1 Million Bitcoin by End of 2026
- Strategy currently holds 738,731 BTC.
- To reach its target, the company needs to acquire an additional 261,269 BTC.
- This requires an average purchase rate of approximately 6,158 BTC per week over the next 297 days.
- Assuming a price of $85,000 per bitcoin, Strategy would need to spend about $523 million weekly, totaling around $22.2 billion.
- In just the first part of this year, Strategy has already acquired approximately 64,948 BTC, ahead of its historical monthly average.
Led by Executive Chairman Michael Saylor, Strategy’s recent acquisitions indicate a strong commitment to expanding its bitcoin holdings significantly. The company has maintained a consistent purchasing strategy since August.
With an ongoing acquisition pace that includes around 17,994 BTC added last week, reaching the target of one million bitcoins appears increasingly plausible for Strategy. (Source)