Strategy Beats IBIT, Holds 815,061 BTC
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- MSTR now holds 815,061 BTC, overtaking BlackRock’s IBIT at 802,824 BTC and marking its first lead since Q2 2024.
- IBIT has gained roughly 55% since its January 2024 debut, making it one of BlackRock’s top revenue drivers.
- MSTR added nearly 80,000 BTC during the 2026 market slump, funded by perpetual preferred equity (STRC) and at‑the‑market equity issuance.
- Bitcoin, trading near $76,000, saw its 30‑day realized volatility dip below South Korea’s Kospi and Pakistan’s KSE 100, underscoring its relative stability.
- CoinDesk notes Bitcoin is currently less volatile than South Korea’s stock market, highlighting a shift in risk perception.
Why it matters: Strategy’s 12,000‑BTC lead over IBIT gives it a marketing edge, likely drawing capital from leveraged‑exposure seekers, while IBIT’s stagnation likely curbs inflows. Bitcoin’s lower volatility versus South Korean and Pakistani markets boosts its hedge appeal.
