Darkfost
STRATEGY OVERTAKES BLACKROCK’s BTC RESERVE
What an achievement for Michael Saylor and Strategy B. With the latest purchase of 34,164 $BTC, Strategy now holds more BTC than the giant BlackRock. • Strategy holdings : ~815,061 BTC • IBIT : ~802,823 BTC (as of April 17) Let’s take a full breakdown of this achievement. — With this new purchase, Strategy now holds more than 4% of Bitcoin’s supply. The company is therefore moving closer to its initial stated objective of holding around 5% - 7% of the total supply. — The realized price of all these purchases, accumulated over time, is now around ~$75,527. That is almost the current price of Bitcoin. — Given the recent positive evolution of Bitcoin, it has just moved back above Strategy’s realized price. This brings an end to the period of unrealized losses that began in early February. Today, Strategy is once again holding estimated profits of $242 million.