MicroStrategy’s BTC Holdings Reach $77.4B as Bitcoin Tops $120K

MicroStrategy’s digital assets arm, Strategy Inc., now holds 640,031 BTC valued at $77.4 billion, representing 3.2% of circulating Bitcoin supply. Since early 2024, MicroStrategy has doubled its BTC holdings and added 11,085 BTC over the past seven weeks, including a recent 196-coin purchase. At current valuation, its Bitcoin reserves surpass the market caps of banks like BNY Mellon, Barclays and Deutsche Bank and rival the GDPs of Uruguay, Sri Lanka and Slovenia. By comparison, El Salvador holds just 6,338 BTC. Strategy Inc.’s BTC treasury accounts for 48% of all corporate Bitcoin reserves and underscores growing institutional demand as Bitcoin rebounds above $120,000.
Bullish
The news is bullish: MicroStrategy’s aggressive accumulation, record-high BTC valuation, and rising institutional demand signal positive momentum for Bitcoin. In the short term, large-scale purchases by a high-profile corporate treasury often drive price spikes due to supply pressure. In the long term, continued corporate adoption and significant treasury allocations underpin Bitcoin’s market resilience and growth potential, reinforcing bullish sentiment among traders.