MicroStrategy Breaks All-Time High in Bitcoin Accumulation...Holdings Surpass BlackRock

▲ MicroStrategy (MSTR), Bitcoin (BTC)/ChatGPT generated image

MicroStrategy (Strategy) has broken its all-time high in Bitcoin (BTC) accumulation, surpassing BlackRock and reclaiming its status as the world's largest corporate holder.

According to crypto media outlet BeInCrypto on April 27 (local time), MicroStrategy, led by Executive Chairman Michael Saylor, acquired an additional 34,164 BTC over the past week. The capital invested was $2.54 billion. This marks the largest weekly purchase in 17 months. Saylor expressed his determination not to stop accumulating regardless of market conditions.

MicroStrategy currently holds a total of 815,061 BTC. This is the result of 107 separate purchases. The total asset value has surpassed $63.46 billion. The overall average purchase price is tallied at $75,528. Driven by the recent price rally, the value of its holdings increased by $2 billion in a week. Current unrealized profits exceed $1.9 billion.

The acquisition funds were raised through aggressive financial techniques. $2.18 billion was secured through STRF issuance. An additional $366 million was obtained from MSTR sales. MicroStrategy has even surpassed BlackRock's Bitcoin spot ETF holdings. Excluding Satoshi Nakamoto's wallet, it is the world's largest holder.

Saylor manages the expansion of Bitcoin's share per week as a key metric. This year's internal rate of return recorded 9.5%, strengthening the investment rationale. Market analysts predict that holding 1 million BTC will be achievable by the end of 2026. The pace of accumulation, based on capital market confidence, is expected to accelerate further.

Peter Schiff, Chairman of Euro Pacific Capital, warned of the risks of debt-based purchases. Despite market concerns, Saylor clarified his intention to raise additional funds. MicroStrategy's exclusive accumulation is leading to a decrease in the circulating supply of Bitcoin in the market. The company's aggressive actions are a key variable fundamentally changing the supply and demand structure of the virtual asset market.

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