Strategy Surpasses BlackRock in Bitcoin Holdings with Latest Acquisition
- Strategy purchased an additional 34,164 BTC, bringing its total to 815,061 BTC.
- The latest acquisition cost $2.54 billion at an average price of $74,395 per Bitcoin.
- Strategy’s total expenditure on Bitcoin now amounts to $61.56 billion.
- This purchase lowered the company’s average buy price to $75,527 per Bitcoin.
- Strategy has surpassed BlackRock, whose holdings are currently at 798,062 BTC.
With this latest purchase, Strategy has overtaken BlackRock as the largest public holder of Bitcoin by crossing the significant threshold of over 800,000 BTC. This move highlights Strategy’s ongoing commitment to using Bitcoin as a treasury asset.
The acquisition demonstrates Strategy’s long-term strategy in accumulating Bitcoin and maintaining its position as a leading player in the cryptocurrency market by surpassing other major holders like BlackRock. (Source)
