MicroStrategy's Bitcoin Reserves Hit 815,061 BTC, Could Top Satoshi by Nov 2026
MicroStrategy now holds 815,061 BTC after acquiring 34,164 BTC for $2.54 billion between April 14–20, surpassing BlackRock’s IBIT holding of 806,178 BTC. Galaxy Research projects MicroStrategy could eclipse Satoshi’s 1.096 million BTC by November 2026 if current at-the-market equity offerings pace continues.
1. Record Bitcoin Acquisition
MicroStrategy increased its holdings to 815,061 BTC by purchasing 34,164 BTC for roughly $2.54 billion from April 14 to April 20, overtaking BlackRock’s iShares Bitcoin Trust, which holds 806,178 BTC.
2. Timeline to Eclipse Satoshi
Based on current accumulation rates, Galaxy Research models indicate MicroStrategy could surpass Satoshi Nakamoto’s estimated 1.096 million BTC stash as early as November 2026.
3. Financing Strategy and Criticisms
The company funds its Bitcoin purchases through at-the-market equity offerings and STRC preferred stock carrying an 11.5% yield; critics argue the structure resembles a Ponzi scheme due to reliance on continuous capital raises, while leadership notes Bitcoin’s growth needs only 2.05% annual appreciation to cover dividend obligations indefinitely.