Strategy Inc. (NASDAQ:MSTR) now holds 815,061 BTC, surpassing BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) at 802,824 BTC for the first time since Q2 2024.
How Strategy Pulled Ahead
Strategy held 189,150 BTC at the start of Q1 2024.
IBIT surpassed it by early Q2 with roughly 273,000 BTC compared to Strategy’s 214,400 BTC, a lead which IBIT consistently maintained until now.
Strategy pulled ahead by aggressively accumulating nearly 80,000 BTC in 2026 while Bitcoin fell over 50% from its October all-time high.
The company’s recent purchase of 34,164 BTC—the third-largest on record, brought total holdings to 815,061 BTC, creating a gap of more than 12,000 BTC over IBIT.
The STRC Funding Engine
The perpetual preferred equity …