This means Strategy now controls about 4.02% of Bitcoin’s fixed 21 million supply. The 1,000,000 BTC threshold would raise that share to about 4.76%, making Strategy one of the most important single holders in the Bitcoin market. At the current level, the company does not need to double its holdings. It needs to add about 18.5% more Bitcoin to cross the 1,000,000 BTC line.
Strategy Repurchasing Convertible NotesIf the Bitcoin added is worth more per share than the dilution or cost created by the financing, the company can report a positive Bitcoin yield. At the time of writing, Strategy has a Bitcoin year-to-date yield of 12.6%.



















