Strategy now owns 3% of all Bitcoin in circulation

Insights Bitcoin

Strategy is stting on around $30 billion in unrealized gain from its Bitcoin stash.

Strategy, formerly known as MicroStrategy, has strengthened its position as the largest corporate Bitcoin holder after disclosing that it now owns 3% of all BTC currently in circulation.

Led by Michael Saylor, the firm holds 601,550 BTC, which is equivalent to 3% of the 19.89 million BTC that have been mined to date. This means Strategy owns 1 out of every 33 BTC.

Strategy’s Bitcoin Holding (Source: Strategy)

With Bitcoin’s total supply capped at 21 million, Strategy would need to acquire around 29,000 more BTC to claim 3% of the maximum supply.

As of its last purchase, the company’s Bitcoin portfolio was built at a cumulative cost of $42.87 billion, averaging $71,268 per coin.

At today’s market value, that stash is worth approximately $71 billion, positioning the firm with an unrealized gain nearing $30 billion.