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MicroStrategy Becomes Largest Bitcoin Holder, Overtakes BlackRock’s IBIT
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MicroStrategy Becomes Largest Bitcoin Holder, Overtakes BlackRock’s IBIT
MicroStrategy Inc. (MSTR) has officially become the largest single holder of Bitcoin (BTC), surpassing BlackRocks iShares Bitcoin Trust (IBIT). The business intelligence firm now holds an impressive 815,061 BTC, exceeding IBITs estimated 806,178 BTC and strengthening its position as a dominant force in the cryptocurrency market. The milestone follows MicroStrategys recent acquisition of 34,164 BTC, purchased for approximately $2.54 billion betwe…
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