BlackRock Inc.‘s (NYSE:BLK) iShares Bitcoin Trust (NASDAQ:IBIT) has surpassed Strategy Inc.‘s (NASDAQ:MSTR) Bitcoin (CRYPTO: BTC) holdings, accumulating nearly 700,000 BTC worth approximately $75.8 billion and capturing 3.32% of Bitcoin’s total supply, according to Bitcoin Treasuries data.
What Happened: The milestone marks a significant shift in corporate Bitcoin ownership after just 18 months of trading. ETF Institute Co-Founder Nate Geraci called the achievement “ridiculous” in a Monday X post, highlighting IBIT’s rapid accumulation pace.