Strategy holds 848,000 BTC and IBIT 805,222.42 BTC, 7.87% of Bitcoin's supply cap
Bitcoin.com News reports Strategy holds 848,000 BTC and BlackRock's IBIT 805,222.42 BTC, together 1.653 million BTC worth about $140.82 billion.
Why it matters
Two unlike wrappers now hold close to the same amount of bitcoin, one a corporate treasury and one an ETF trust, and the outlet's combined figure reaches 7.87% of the 21 million cap. The note that IBIT in-kind outflows can reflect transfers rather than sales bears on how ETF flow data gets read. The report rests on a single outlet, so the numbers are not independently confirmed.
Key facts
Strategy holds 848,000 BTC, a record amount according to Bitcoin.com News.
848,000 BTCReported by Bitcoin.com News
Strategy's 848,000 BTC was worth $72.23 billion at a bitcoin price of $85,179 on Monday.
72,230,000,000 USDReported by Bitcoin.com News
BlackRock's IBIT holds 805,222.42 BTC.
805,222.42 BTCReported by Bitcoin.com News
IBIT's holdings were worth roughly $68.59 billion at the same $85,179 price.
68,590,000,000 USDReported by Bitcoin.com News
The two holdings total 7.87% of Bitcoin's 21 million supply cap.
7.87 %Reported by Bitcoin.com News
After Strategy's latest purchase, 42,777.58 BTC separates the two holdings.
42,777.58 BTCReported by Bitcoin.com News
Strategy's bitcoin is held in a corporate treasury vehicle, while IBIT's bitcoin backs shares in a Delaware statutory trust.
Reported by Bitcoin.com News
What happened
Bitcoin.com News reports that Strategy holds 848,000 BTC while BlackRock's IBIT holds 805,222.42 BTC, a combined 1.653 million coins worth roughly $140.82 billion at a recent price of $85,179 on Monday. The outlet values Strategy's stack at $72.23 billion and IBIT's at about $68.59 billion, and puts the combined holding at 7.87% of Bitcoin's 21 million supply cap. Strategy's most recent purchase cut the gap between the two to 42,777.58 BTC. The holdings differ in structure: Strategy's bitcoin belongs to a corporate treasury vehicle, while IBIT's coins back shares in a Delaware statutory trust. Bitcoin.com News also notes that in-kind outflows from IBIT do not necessarily mean bitcoin was sold. Only that outlet carries the figures, and nothing here has been confirmed by a second source.
How the story developed
- First report
First report by Bitcoin.com News
Bitcoin Behemoths Strategy and IBIT Amass 1.65 Million BTC Worth $140B
- Update
Bitcoin.com News reports the combined Strategy and IBIT holdings
The outlet put the two stacks at 1.653 million BTC worth about $140.82 billion, or 7.87% of the 21 million supply cap.
- Update
Strategy's latest purchase narrows the gap with IBIT to 42,777.58 BTC
No date is given for the purchase; Bitcoin.com News linked the narrowing gap to it without a specific time.
Affected entities
Also mentioned: Goldman Sachs
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Bitcoin Behemoths Strategy and IBIT Amass 1.65 Million BTC Worth $140B | Original |