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Bitcoin Holdings Strategy Gap Narrows to 21,102 Coins for BlackRock's BGI

2026.03.19 19:41:29

March 19 — Strategy has recently ramped up its Bitcoin holdings, putting it on track to overtake BlackRock’s iShares Bitcoin Trust (IBIT) soon, per Bitcoin Treasuries data. As of March 19, 2026, Strategy holds 761,068 BTC (valued at ~$56.2B), narrowing its gap with BlackRock’s 782,170 BTC to just 21,102 BTC. Over the past two weeks, Strategy has acquired 40,331 BTC for ~$2.85B—its largest consecutive Bitcoin buys since January 2026—shrinking the gap significantly. At the current pace, Strategy is poised to overtake BlackRock within 1-2 weeks. Funding for the purchases has come primarily from strong demand for STRC preferred shares. STRC raised $11.8B to support the latest buys (covering ~75% of costs, enabling ~16,753 BTC) and contributed ~30% ($377M) to prior buys (~5,313 BTC). Chaitanya Jain, Strategy’s Bitcoin Strategy Manager, called the move “the most aggressive financial engineering feat to date, pushing the boundaries of Bitcoin capital formation.”
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