Strategy tops BlackRock’s IBIT in Bitcoin holdings after latest purchase

Strategy, the largest corporate Bitcoin treasury, has reclaimed the top spot in Bitcoin holdings from BlackRock’s iShares Bitcoin Trust (IBIT) after acquiring 34,164 BTC for approximately $2.54 billion. This purchase, made at an average price of $74,395 per coin, brought Strategy’s total holdings to 815,061 BTC, surpassing IBIT’s 802,824 BTC as of April 20. Strategy’s total Bitcoin stash, acquired for roughly $61.56 billion at an average price of $75,527 per coin, is now in a slight unrealized profit as Bitcoin trades near $76,000. The reversal is significant because IBIT had overtaken Strategy in early 2024 and maintained the lead for most of the year due to accelerated ETF inflows. Strategy has intensified its Bitcoin accumulation during the latest market drawdown, adding nearly 80,000 BTC in 2025 before this week’s announcement. The latest purchase was primarily funded through capital raised in the market, including the sale of 21,795,389 shares of STRC perpetual preferred stock for $2.18 billion and an additional $366 million from MSTR share sales.

(Source：Crypto Briefing)