Strategy, Bitcoin accumulation hits all-time high... holdings surpass BlackRock

▲ Strategy (MSTR), Bitcoin (BTC)/ChatGPT generated image

Strategy (Strategy) has set a new all-time high for Bitcoin (Bitcoin, BTC) accumulation, surpassing BlackRock to reclaim its status as the world's largest corporate holder.

According to crypto media outlet BeInCrypto on April 27 (local time), Strategy, led by Executive Chairman Michael Saylor, acquired an additional 34,164 BTC in the past week. The capital invested was $2.54 billion. This marks the largest weekly purchase in 17 months. Saylor expressed his determination to continue accumulation regardless of market conditions.

Strategy currently holds a total of 815,061 BTC. This is the result of 107 fragmented purchases. The total asset value has exceeded $63.46 billion. The overall average purchase price is recorded at $75,528. Driven by the recent price surge, the value of its holdings increased by $2 billion in a week. Current unrealized profits have surpassed $1.9 billion.

The funds for the purchases were raised through aggressive financial techniques. $2.18 billion was secured through the issuance of STRF, and an additional $366 million was obtained from the sale of MSTR. Strategy has even overtaken BlackRock's spot Bitcoin ETF holdings. Excluding Satoshi Nakamoto's wallet, it is the world's largest holder.

Saylor manages the expansion of Bitcoin's share per week as a key metric. This year, the internal rate of return reached 9.5%, strengthening the investment rationale. Market analysts predict that holding 1 million BTC will be achievable by the end of 2026. The pace of accumulation, based on capital market confidence, is expected to accelerate further.

Peter Schiff, Chairman of Euro Pacific Capital, warned of the risks associated with debt-based purchases. Despite market concerns, Saylor clearly expressed his intention to raise additional funds. Strategy's exclusive accumulation is leading to a decrease in Bitcoin's circulating supply in the market. The company's aggressive actions are a key variable fundamentally changing the supply and demand structure of the virtual asset market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*