According to the latest news from cryptocurrency media, Strategy currently holds 815061 bitcoins, surpassing BlackRock's 802824, marking the first time it has led since the second quarter of 2024.
As the world's largest publicly traded holder of bitcoin, Strategy has officially surpassed BlackRock's bitcoin spot ETF holdings during its continuous buying process. This also means that when the cryptocurrency market enters a bear market, institutions and traditional funds are still continuously accumulating chips, providing strong support for market prices.
However, the significance of holding both is still noticeably different.
Strategy is essentially a functioning company that continues to accumulate Bitcoin through a series of compliant operations using leverage. BlackRock's spot ETF focuses on passively tracking Bitcoin prices, providing large investors with the most direct exposure and management, without any leverage or corporate risk attached.
Especially BlackRock's Bitcoin ETF, which has made history by becoming the fastest ETF to reach a $70 billion AUM, and has officially become one of BlackRock's revenue drivers.
With traditional capital and institutions continuously pouring in, we've noticed several key differences from the past. Firstly, prices now have better support. Compared to previous bear markets where drops could reach 70-80%, this round has only seen a nearly 50% drop so far, indicating a relatively high level of support. Additionally, Strategy has actively hoarded nearly 80,000 Bitcoins by 2026.
Additionally, the U.S. government's executive order clearly states that they will refuse to sell the 200,000 Bitcoins they hold, giving the market significant room to digest sell pressure. However, that said, Strategy is still fundamentally a company. Once leverage faces a chain liquidation, the selling pressure and price drop could far exceed historical records.
Water Brother still sticks to the old saying.
In a bear market, it's about actively positioning for a long hold into a bull market. If you're looking to amplify your profits through leverage, make sure to keep your margin under 10% of your total capital to avoid massive losses from unexpected events. If you've accumulated enough spot holdings, low-multiplication coin-based leverage can continue to yield both coin quantity and price gains when the bull market arrives.
$BTC
