Following the latest acquisition, the company now holds over 815,061 BTC, while BlackRock’s IBIT now controls over 802,823 BTC as of April 17. This event indicates a wider trend of increasing corporate conviction in Bitcoin as a strategic asset, in addition to highlighting the growing competition among institutional participants in the crypto and finance space.
With its current stash, Strategy now holds more than 4% of BTC’s total supply. As a result, the company continues to move closer to its initial stated objective of holding around 5% to 7% of the total supply in circulation.
The BTC Bear Market Still AliveAlphractal noted that the bear market will only end when the STH Realized Price drops below the LTH Realized Price. The platform’s analysis is backed by historical trends where this setup signaled the end of the bear market phase. At this point, it is crucial to monitor this current reading to determine whether the same pattern holds in the ongoing cycle.
