🤔 Who holds more Bitcoin: BlackRock or Michael Saylor's Strategy?
Strategy (formerly Microstrategy) and BlackRock currently hold the largest known institutional Bitcoin ($BTC ) positions, now neck-and-neck in their holdings.
According to the latest data, Strategy (NASDAQ: MSTR) has accumulated approximately 592,100 BTC worth over $63.3 billion at press time, while BlackRock controls 669,523 BTC valued at approximately $71.41 billion through its iShares Bitcoin Trust (IBIT).
💬 Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 #BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD — Michael Saylor (@saylor) June 16, 2025
Strategy’s latest disclosed purchase involved acquiring 10,100 Bitcoin for $1 billion at an average price of $104,080 per coin. The purchase occurred during market volatility triggered by escalating Israel-Iran tensions, as Bitcoin dropped from $110,000 to an intraweek low of $103,639.
The deal puts Strategy’s year-to-date Bitcoin yield at 19.1%, much closer to the company’s target of 25% by the end of 2025.
Meanwhile, BlackRock, too, has been steadily building its BTC position, buying a staggering $1.1 billion worth of Bitcoin in recent weeks.
🔸 Different approaches
Strategy operates as a corporate treasury play, with CEO Michael Saylor positioning Bitcoin as the company’s primary asset and using various financing methods to acquire more.
The company recently debuted its third Bitcoin-backed preferred stock, STRD, on Nasdaq to raise an additional $250 million for further Bitcoin purchases.
BlackRock, on the other hand, accumulates Bitcoin through its exchange-traded fund (ETF) structure, pooling investor capital to build massive positions. The firm aims to become the world’s leading digital asset manager by 2030, aiming to manage at least $50 billion in crypto within five years.