Strategy Is About to Overtake BlackRock as the World's Largest Bitcoin Holder

Most headlines treat BlackRock’s iShares Bitcoin Trust (IBIT) as the undisputed heavyweight of institutional Bitcoin. But on BitcoinTreasuries.net, the data is telling a different story — and it’s unfolding this week.

As of today, IBIT reports 790,808 BTC versus Strategy’s 780,897 BTC. On paper, BlackRock is still ahead. In practice, our live STRC BTC Accumulation Tracker shows Strategy pulling rapidly into the lead, powered by billions raised through its STRC preferred equity program and an estimated 25,000+ BTC in new, not‑yet‑filed purchases.

If ETF inflows continue at their current pace — IBIT added just 464 BTC on Monday and 2,840 BTC on Tuesday — Strategy is on track to overtake BlackRock as the single largest institutional Bitcoin holder worldwide as soon as its next SEC filing hits.

That’s not just a leaderboard update. It’s a shift in how big players choose to own Bitcoin – IBIT accumulates on behalf of clients, inside an ETF wrapper, while Strategy accumulates for itself, holding Bitcoin directly on its balance sheet.

We've broken down the full story — read the article here

How to follow:

• Watch the race, live. Fire up our STRC BTC Accumulator to see Strategy’s additions in real time — Strategy’s line climbing toward IBIT, with our on‑screen STRC tracker showing the credit engine behind the move.
  

• Follow our livestream on X, sponsored by APYX. The innovative dividend-backed dollar maker is helping us amp up our coverage, with interviews, podcasts, and real-time data on STRC now available on X from 4am to 4pm ET daily.
  

• Check IBIT’s updates. Follow our ETFs & Exchanges Dashboard for our latest IBIT flow data as it comes in from major exchanges globally.
  

• Stay tuned for the official results Monday, when Strategy's SEC filing will confirm the final count.

  Special thanks to our partners:

• AnchorWatch. AnchorWatch makes Bitcoin ownership safer and easier by combining advanced custody expertise with industry-grade insurance. As a Lloyd’s of London Coverholder, it writes specialized policies that address digital-asset risks, giving clients trusted coverage and peace of mind. Learn more: AnchorWatch

• Arch Lending. Get instant, secure loans backed by your Bitcoin, Ethereum, or Solana—no need to sell your assets. Arch Lending offers fast approvals and trusted custody for both individuals and institutions. Learn more: Arch Lending

• BitGo. BitGo is the leading institutional-grade digital asset custody, trading, and finance platform, trusted by exchanges, hedge funds, and corporations worldwide to secure and manage their crypto holdings. As the pioneer of multi-signature wallet technology, BitGo provides unmatched security, regulatory compliance, and deep liquidity solutions for serious digital asset operations. Learn more: BitGo

• Cadena Bitcoin. A p2p bitcoin lending marketplace with a unique emphasis on working with treasury firms and businesses, as well as the savvy bitcoin-native investors who visit our website. Learn more: Cadena Bitcoin

• Coinkite. Coinkite is a leader in security and hardware manufacturing and the maker of some of the most iconic Bitcoin products, such as OPENDIME, COLDCARD, BLOCKCLOCK, SATSCARD, TAPSIGNER and SATSCHIP. Learn more: Coinkite

• Cryptio. Cryptio is an enterprise-grade accounting software platform built specifically for digital assets and cryptocurrencies. It enables businesses to transform blockchain transaction data from multiple exchanges and custodians into auditable financial records, supporting compliance with GAAP and IFRS standards. Learn more: Cryptio

• The Hemisphere Foundation. Hemisphere develops open-source solutions designed to help treasury teams securely manage, deploy, and optimize their BTC holdings, with benefits of self-custody and Bitcoin native deployment. Learn more: The Hemisphere Foundation

• Orange Wheel Advisors. Orange Wheel Advisors is a strategic consulting firm that helps companies navigate Bitcoin’s impact on corporate finance and competitive strategy. With expertise spanning treasury management, payments, capital structure, mining, and investor communications, they provide executive education, tailored strategies, and execution support to guide businesses through the global monetary transition. Learn more: Orange Wheel Advisors

• o21 Solutions. o21 develops and implements Bitcoin-powered corporate strategy, transforming value chains with strategic expertise and tailored advisory services, with a focus on both Treasury and Operations - balance sheet accumulation, mining, and payments. Reduce cycle time through the corporate Bitcoin adoption journey through our pre-packaged or tailored engagements. Learn more: o21 Solutions

• Psalion. Psalion is a Bitcoin and digital-asset yield manager that offers institutional‑style investment strategies to professional investors, family offices, corporates, and private clients via separately managed accounts and yield funds. Learn more: Psalion

• Secure Digital Markets (SDM) provides unparalleled liquidity, execution speed, and bespoke customer service, making it the top choice for institutional investors seeking reliable digital asset trading solutions. With deep expertise in capital markets and strict regulatory standards, SDM stands out as the premier platform for all digital asset treasury teams looking to optimize their trading and treasury operations. Learn more: Secure Digital Markets (SDM)

• Stacking Sats Inc. Official IT partner at BitcoinTreasuries, Stacking Sats Inc via its subsidiary, Framework IT, is a managed IT services firm with a 17-year track record of providing best-in-class IT support, strategy, and cybersecurity, boasting high recurring revenue and long-term client contracts. It’s also one of the top 20 holders of Bitcoin among global private companies. Learn more: Stacking Sats Inc

• XCE. An executive recruitment group that combines a profitable recruitment business with a Bitcoin treasury strategy. The company turns over a decade of executive recruitment experience and four years of Bitcoin accumulation into a public Bitcoin‑powered growth engine, using a proven operating business to drive Bitcoin treasury accumulation. Learn more: XCE

• Zaprite. Zaprite is a non-custodial payment platform that allows individuals and businesses to seamlessly accept both bitcoin (on-chain and lightning) and fiat payments in a unified, customizable checkout experience. Users can easily issue invoices, generate payment links, and connect multiple wallets or custodial accounts, all while handling their own funds directly. Learn more: Zaprite