Strategy and BlackRock's IBIT Hold 1.653M BTC Valued at About $141B

AI Market Summary
Reported holdings show Strategy (848,000 BTC) and BlackRock's IBIT (805,220 BTC) collectively control ~1.653M BTC, about 7.9% of Bitcoin's 21M cap, valued near $141B at the cited price. The concentration across corporate treasuries and ETF inventory highlights sustained institutional accumulation and reinforces the role of ETFs in liquidity and creation/redemption flows, which can influence short-term market positioning.
Impact level
● Medium
Affected assets
BTC/USDT-2.67%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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ME News reported that on Oct. 8 (UTC+8), Bitcoin News said on X that Strategy currently holds 848,000 BTC and BlackRock's iShares Bitcoin Trust (IBIT) holds 805,220 BTC. Combined, the two control about 1.653 million BTC, roughly 7.9% of Bitcoin's 21 million supply cap. Using Monday's price of $85,179 per BTC, the stash is worth about $141 billion. Part of the bitcoin is held on corporate balance sheets, while the remainder supports ETF creation and redemption operations. (Source: ODAILY)