Crypto News
Strategy has officially surpassed BlackRock as the world's largest Bitcoin holder, disclosing a purchase of 34,164 <a class="ticker-mention" href="/en-US/token/btc">BTC</a> at an average of $74,395, funded through $2.18 billion in STRC preferred securities. That brings its total to 815,061 BTC — ahead of BlackRock's IBIT at 802,523 BTC, which itself absorbed $900 million in fresh ETF inflows over just seven days.
The convergence of Strategy's average cost basis near $74,395 and current spot prices around $78,000 creates a de facto support floor, with the company carrying a $2.8 billion unrealized profit and a structural incentive to defend current levels through continued buying. Polymarket odds for BTC hitting $80,000 by month-end surged to 50.5% — up from 30% just 24 hours prior.
Technically, BTC is consolidating after a sharp impulse to $79,300. A clean break above $79,000 opens the door to $80,000 and beyond; a drop below $75,000…
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