TLDR
- Strategy now holds 761068 BTC after its latest Bitcoin purchase.
- The company trails BlackRock’s iShares Bitcoin Trust by 21102 BTC.
- Strategy bought 22337 BTC for about $1.57 billion between March 9 and March 15.
- The firm paid an average price of $70194 per Bitcoin, including fees.
- Bitcoin gained 5.5% over the past week and traded at $73769.
Strategy has moved closer to overtaking BlackRock in total Bitcoin holdings after its latest purchase. The company now holds 761,068 BTC worth about $56.20 billion. Meanwhile, BlackRock’s iShares Bitcoin Trust holds 782,170 BTC valued at $57.79 billion.
Strategy Accelerates Bitcoin Accumulation
Strategy reduced the gap with BlackRock to 21,102 BTC after a new acquisition. The company disclosed the purchase in a Form 8-K filing with the US Securities and Exchange Commission. It bought 22,337 BTC between March 9 and March 15 for about $1.57 billion. The firm paid an average price of $70,194 per Bitcoin, including fees and expenses.
NEW: Michael Saylor's Strategy could surpass BlackRock's BTC holdings in the next couple weeks 👀 pic.twitter.com/7i70XB0pBN
— Bitcoin Magazine (@BitcoinMagazine) March 17, 2026
This purchase marks Strategy’s largest Bitcoin acquisition since January 20. On that date, it acquired about $2.1 billion worth of Bitcoin. With the latest addition, Strategy increased its total holdings to 761,068 BTC. At the current pace, the company could surpass BlackRock within a week.
BlackRock’s iShares Bitcoin Trust currently holds 782,170 BTC. The fund’s holdings carry an estimated value of $57.79 billion. The difference between the two entities now stands at 21,102 BTC. Strategy’s recent buying activity has narrowed that gap within days.
Bitcoin Gains 5.5% as Institutional Demand Rises
Bitcoin posted a 5.5% gain over the past week. The asset traded at $73,769 at the time of publication. Analysts at Bernstein linked the recovery to rising institutional demand. They stated that competition and long-term ownership trends supported the rebound.
Bernstein said Bitcoin outperformed gold and major equity indices during the same period. The firm highlighted Bitcoin’s borderless structure and high liquidity. It also pointed to the asset’s lack of counterparty risk. These features, the analysts said, strengthen investor confidence during global tensions.
Long-term holders now control nearly 60% of Bitcoin’s total supply. Data shows that this portion has remained unmoved for over one year. Bernstein stated that dormant supply can reduce reliance on short-term trading flows. The firm added that stronger long-term ownership can support price stability.
Allocations to Bitcoin continue to rise across several channels. Exchange-traded funds and corporate treasuries have increased exposure. Low-activity wallets also account for a growing share of supply. Bitcoin traded at $73,769 following the latest reported data.
