Strategy’s $330M Bitcoin Purchase Lifts Holdings to 766,970 BTC, 4% Supply
Strategy bought $330M Bitcoin last week, boosting its holdings to 766,970 BTC (~$58B), or nearly 4% of supply, and holding a $5B unrealized loss. Strive added $7.75M to a $920M BTC stake, and Bitcoin has risen 10% since the Iran conflict began versus gold’s 7.5% drop.
1. Strategy Boosts Bitcoin Stake
Strategy purchased $330M of Bitcoin last week, raising its total holdings to 766,970 BTC (approx $58B), now representing nearly 4% of global supply and carrying an unrealized loss of around $5B.
2. Strive Scales Up BTC Position
Strive acquired $7.75M more Bitcoin, bringing its total position to approximately $920M, reflecting a more cautious accumulation strategy compared to Strategy’s large-scale purchases.
3. Bitcoin vs. Gold Performance
Bitcoin has climbed roughly 10% since the start of the Iran conflict, outperforming gold by over 17.5% (gold falling about 7.5%), highlighting investor preference for digital assets.
4. Potential Market and Risk Factors
The large concentration by Strategy raises concerns over liquidity risks and market impact, while short interest near $73,000 and geopolitical developments in Iran may influence price volatility.