Strategy has surpassed BlackRock's spot Bitcoin ETF, IBIT, in total BTC holdings — a notable milestone that underscores just how aggressively the Michael Saylor-led firm has accumulated the asset.
IBIT has been one of the fastest-growing ETFs in history since its January 2024 launch, making Strategy's lead a meaningful benchmark for institutional Bitcoin conviction.
The development highlights two distinct but complementary paths to large-scale BTC exposure: the corporate treasury model pioneered by Strategy, and the regulated ETF wrapper favoured by traditional finance.
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