Strategy, the investment management giant, has recently achieved a milestone in terms of Bitcoin ($BTC) adoption. In this respect, Strategy has officially surged past BlackRock, another investment management platform, when it comes to Bitcoin ($BTC) holdings. As per the data from CryptoQuant, Strategy’s exclusive buyout of 34,164 $BTC has significantly contributed to this achievement. So, now Strategy accounts for more than 4% of the total Bitcoin ($BTC) supply.
Strategy Overtakes BlackRock’s BTC Reserve
“With the latest purchase of 34,164 $BTC, Strategy now holds more BTC than the giant BlackRock… With this new purchase, Strategy now holds more than 4% of Bitcoin’s supply.” – By @Darkfost_Coc pic.twitter.com/6LRsqAl4V9
— CryptoQuant.com (@cryptoquant_com) April 21, 2026
Strategy Jumps above BlackRock’s $IBIT Bitcoin Fund with New 34,164 $BTC Buyout
Strategy has outcompeted the $IBIT Bitcoin fund of BlackRock based on Bitcoin ($BTC) holdings. Particularly, the new 34,164 $BTC buyout of Strategy has increased the cumulative holdings thereof to nearly 815,061 $BTC. On the other hand, as of the 17th of April, BlackRock’s fund holds a total of 802,823 $BTC. As a result of this, Strategy successfully owns more than 4% of Bitcoin’s overall supply.
This accomplishment highlights a significant step in the long-standing vision of Michael Saylor to accumulate within the 5%-7% range of the flagship crypto asset’s total supply. Amid the wider price volatility of Bitcoin, Strategy’s aggressive $BTC buyouts have shown a methodical plan, reaffirming its dominance among the institutional crypto players.
Apart from that, this accumulation pattern underscores a long-term positioning irrespective of the market downturn. At the same time, the realized price of the $BTC buyouts of Strategy accounts for $75,527, approximately aligning with the current market value of Bitcoin. This convergence appears crucial, marking the conclusion of the unrealized losses’ stretch that started in the initial days of February.
Bitcoin’s Recent Price Rebound Ends Strategy’s Unrealized Losses Streak of Early 2026
According to CryptoQuant, the early phase of 2026 posed noteworthy challenges to Strategy in line with the unrealized profit and loss (uPnL) metric. Nonetheless, the recent $BTC price rebound has reversed the formerly bearish trend. Hence, following the sharp decline of unrealized losses in early 2026, they have started to recover in parallel with the wider market momentum of Bitcoin. Overall, outperforming BlackRock signifies Strategy’s ambitious Bitcoin strategy amid the growing institutional adoption.