MicroStrategy's Bitcoin Holdings Reach 815,061 Bitcoins Worth $62.35B, Overtaking BlackRock ETF
MicroStrategy has raised its Bitcoin holdings to 815,061 BTC, valued at $62.35 billion, surpassing BlackRock’s iShares Bitcoin Trust which holds 802,824 tokens. The company’s 12,237-BTC lead underscores its leveraged acquisition strategy and elevates risk and potential volatility for its equity.
1. MicroStrategy's Record Bitcoin Holdings
MicroStrategy now holds 815,061 BTC valued at approximately $62.35 billion after its latest purchase, making it the largest corporate Bitcoin accumulator.
2. Surpassing BlackRock's iShares Bitcoin Trust
The firm eclipsed BlackRock’s iShares Bitcoin Trust, which holds 802,824 BTC, giving MicroStrategy a lead of 12,237 tokens and reinforcing its market prominence.
3. Leverage-Driven Acquisition Strategy
Unlike the passive spot-tracking ETF, MicroStrategy relies on debt and leverage to fund its Bitcoin purchases, amplifying both potential returns and exposure to market swings.
4. Impact on Equity Performance and Risk
Since January 2024, MicroStrategy’s shares have rallied roughly 250% compared with the ETF’s 55% gain, highlighting investor enthusiasm but also raising concerns over balance-sheet leverage and volatility.