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Bitcoin Behemoths Strategy and IBIT Amass 1.65 Million BTC Worth $140B

Josh1 min read

Strategy and IBIT logo side-by-sideStrategy and Blackrock’s IBIT now control a combined 1.653 million bitcoin worth roughly $140.82 billion, nearly 8% of the network’s absolute 21 million supply ceiling. The two piles are almost the same size, but that’s where the resemblance ends. Strategy operates a corporate treasury, while IBIT’s bitcoin backs shares in an exchange-traded fund (ETF) trust. […]

Source: https://news.bitcoin.com/learning-insights/bitcoin-behemoths-strategy-ibit-amass-1-65-million-btc-worth-140b/

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