Strategy Overtakes BlackRock as Top Bitcoin Holder, Crypto News Today Points to $80K as Pepeto Hits $9.6M
Bitcoin Crypto Strategy Overtakes BlackRock as Top Bitcoin Holder, Crypto News Today Points to $80K as Pepeto Hits $9.6M The biggest ownership shift in Bitcoin history just landed in the crypto news today. Strategy, the firm once known as MicroStrategy, added 34,164 BTC for $2.54 billion on April 20 and now holds 818,334 coins, overtaking BlackRock‘s iShares Bitcoin Trust as the single largest Bitcoin holder on the planet, per 24/7 Wall St.. That buy brings the company’s total cost to $61.56 billion at an average of $75,527 per coin. When a single company absorbs 4% of Bitcoins supply, the money that follows searches for entries where the full run has not hit the price yet. Pepeto sits at the front of that search in the crypto news today, with the presale past $9.6 million and the exchange listing getting closer by the day. Crypto News Today: Strategy Buys Past BlackRock to Claim the Largest BTC Stack on Earth 24/7 Wall St. reported that Strategy now controls about 4% of all Bitcoin ever mined after adding 34,164 BTC in one round. BlackRocks IBIT held 806,700 coins heading into the week, and Strategy cleared that number with room to spare. Bitcoin (BTC) trades at $76,942 per CoinMarketCap, down