
Institutional Giants Compete in Bitcoin Accumulation
Introduction to Institutional Bitcoin Holdings
In the competitive arena of institutional Bitcoin investments, Strategy (formerly known as Microstrategy) and BlackRock stand as the leading players. Both organizations are currently in a close race, holding substantial Bitcoin (BTC) assets.
Current Bitcoin Holdings and Valuations
Recent data reveals that Strategy, trading under NASDAQ: MSTR, has amassed around 592,100 BTC. This impressive collection of Bitcoin holds a market value exceeding $63.3 billion as of the latest update. In comparison, BlackRock’s significant holdings through its iShares Bitcoin Trust (IBIT) amount to 669,523 BTC, valued at approximately $71.41 billion.
Strategy’s Strategic Acquisitions
Strategy has been actively enhancing its Bitcoin portfolio, recently acquiring 10,100 BTC worth approximately $1.05 billion. This purchase was made at an average price of $104,080 per Bitcoin. The company’s year-to-date Bitcoin yield has reached an impressive 19.1% as of 2025. As of mid-June 2025, Strategy proudly holds 592,100 BTC, acquired at an average rate of $70,666 per Bitcoin, totalling an investment of around $41.84 billion.
Market Influences and Strategic Decisions
A pivotal purchase by Strategy occurred during a period of market volatility, influenced by rising tensions between Israel and Iran. This geopolitical situation caused Bitcoin’s price to fluctuate, dipping from $110,000 to a weekly low of $103,639. Despite these challenges, Strategy continues to progress toward its ambitious target of a 25% Bitcoin yield by the end of 2025.
BlackRock’s Expanding Bitcoin Portfolio
Parallel to Strategy, BlackRock has been diligently expanding its Bitcoin holdings. In recent weeks, the company has invested approximately $1.1 billion in Bitcoin, reinforcing its position as a major institutional player in the crypto market.
Contrasting Investment Approaches
Strategy’s Corporate Treasury Model
Strategy operates primarily as a corporate treasury entity, with CEO Michael Saylor placing Bitcoin at the core of the company’s asset strategy. Utilizing diverse financing methods, Strategy continues to expand its Bitcoin reserves. The company recently introduced STRD, its third Bitcoin-backed preferred stock on Nasdaq, aiming to raise an additional $250 million to facilitate further Bitcoin acquisitions.
BlackRock’s ETF-Driven Strategy
In contrast, BlackRock approaches Bitcoin accumulation through an exchange-traded fund (ETF) model. By pooling investor capital, BlackRock builds substantial crypto positions. The firm’s long-term vision is to become the foremost digital asset manager globally by 2030, with aspirations to manage at least $50 billion in crypto assets within the next five years.
The Impact of Institutional Adoption
As Strategy and BlackRock persist in their aggressive Bitcoin acquisition strategies, the lead in Bitcoin holdings may continue to shift between these giants. What remains certain is that together, they now control over 1.3 million Bitcoin, representing approximately 6% of the total Bitcoin supply. This significant institutional adoption underscores the transformative impact on the entire cryptocurrency sector.
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