Strategy surpasses BlackRock as world's biggest BTC holder — 815,061 coins

Strategy (formerly MicroStrategy) now holds 815,061 BTC after a $2.54 billion purchase, edging past BlackRock’s IBIT ETF for the first time since Q2 2024. It’s the first time a single corporate treasury has outpaced the world’s largest spot bitcoin ETF. While oil markets reel from the Hormuz shutdown and governments scramble to secure supply lines, one company has been quietly cornering a different kind of reserve. Call it what you want — leveraged accumulation, conviction, or madness. But when a corporate treasury holds more Bitcoin than the world’s largest asset manager’s ETF, the line between speculation and strategy has officially blurred.