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BlackRock's Bitcoin ETF Just Overtook Michael Saylor's MSTR — Now Holds Nearly 700,000 BTC

From finance.yahoo.com

BlackRock Inc.‘s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has surpassed Strategy Inc.‘s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) holdings, accumulating nearly 700,000 BTC worth approximately $75.8 billion and capturing 3.32% of Bitcoin’s total supply, according to Bitcoin Treasuries data. What Happened: The milestone marks a significant shift in corporate Bitcoin ownership after just 18 months of trading. ETF Institute Co-Founder Nate Geraci called the achievement “ridiculous” in a Monday X post, highlighting IBIT’s rapid accumulation pace. MicroStrategy, led by Executive Chairman Michael Saylor, holds 597,325 BTC ... (full story)

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  • Category: Fundamental Analysis