In a dramatic turn of events in the cryptocurrency sector, MicroStrategy has reclaimed its position as the largest holder of Bitcoin, surpassing BlackRock's iShares Bitcoin Trust (IBIT) with a total holding of 205,000 BTC, valued at approximately $14.7 billion. This development follows a rapid accumulation of Bitcoin by both entities, with BlackRock's IBIT initially overtaking MicroStrategy by amassing 195,985 Bitcoin in less than two months since its launch. However, MicroStrategy responded by acquiring an additional 12,000 Bitcoin, bringing its total holdings to 205,000 BTC. The race between the two giants highlights the increasing institutional interest in Bitcoin and the strategic moves by companies to dominate the digital asset space.
JUST IN: @saylor strikes back to scoop up another 12,000 bitcoin to take the lead back from BlackRock: 205,000 at MicroStrategy vs. 195,985 at BlackRock https://t.co/WZXdkIzq1U
BREAKING: MicroStrategy's bitcoin holdings reach 205,000 BTC with latest purchase, exceed BlackRock's ETF https://t.co/A9i8HJ0Z00
HOW MUCH BITCOIN DOES MICROSTRATEGY NOW OWN? PROFITS REACH $7.8 BILLION - As of Michael @Saylor’s post just now, @Microstrategy now holds an earth-shattering 205,000 $BTC. - This equates to a current market value of some $14.7 billion worth of #Bitcoin. - The latest figure is… https://t.co/wC4ACdsrmj https://t.co/O5z8RUvYBy
UPDATE: It turns out the raise was for an additional $800m. Microstrategy now holds 205,000 $BTC, and that number is expected to continue climbing. https://t.co/NKzjHSm8VV https://t.co/1WDFcwZxm8
BlackRock’s spot Bitcoin ETF has acquired a total of 195,985 BTC in the two months since its launch, surpassing MicroStrategy’s holdings of the digital asset that the company has been acquiring since August 2020. @tikta_ reports https://t.co/uzVlUxqF19
.@BlackRock #Bitcoin ETF now holds more $BTC than @MicroStrategy. According to data from @BitMEXResearch, BlackRock's IBIT now has nearly 198,000 #Bitcoin, outpacing MicroStrategy’s holdings. https://t.co/9OyT1yFBmW https://t.co/DgyEdvEEx2 https://t.co/jwkWkLXkfL
BlackRock now owns more Bitcoin than MicroStrategy. And it only took them weeks to surpass them; while it took years for Saylor and company to accumulate that amount of Bitcoin. BTW, guess who also owns 9% of MicroStrategy. Thanks right. 👇🏼 https://t.co/1UtTnhj0Xu
According to data from BitMEX, BlackRock's IBIT now has nearly 198,000 Bitcoin, outpacing MicroStrategy’s holdings. https://t.co/BLmfMs1rWi
In less than two months of existence, the BlackRock iShares Bitcoin ETF $IBIT has accumulated more #bitcoin than the largest corporate holder, MicroStrategy $MSTR. @HeleneBraunn reports https://t.co/PLrZs3955d
JUST IN: BlackRock’s iShares Bitcoin Trust ($IBIT) surpasses Microstrategy in #Bitcoin holdings. 🧨 IBIT now holds 196,088 BTC compared to MSTR’s 196,000. https://t.co/5OXJAEpzvK
NEW: BlackRock overtakes MicroStrategy in the competition for largest #Bitcoin stack 😮 https://t.co/kBZoqvmFa7
BREAKING: BlackRock officially surpasses @saylor's 193,000 #bitcoin stash at MicroStrategy 0 to 195,985 $BTC in 58 days https://t.co/lCAI2UcUxF
Blackrock holds more Bitcoin than MSTR🤯 https://t.co/GISjnSp8XW https://t.co/2NSpjMBYYE
🚨 BREAKING: BlackRock now holds more #Bitcoin than MicroStrategy after only 40 trading days https://t.co/BD4umAGU4l