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Strategy Buys 89,599 BTC in 2026, Narrowing the Gap With BlackRock’s IBIT
Strategy has ramped up its Bitcoin buying in 2026, adding 89,599 BTC year to date, far outpacing BlackRock’s iShares Bitcoin Trust (IBIT), which increased holdings by roughly 8,484 BTC over the same period. The pace of purchases has tightened the race between the two biggest holders, leaving Strategy about 20,000 BTC behind IBIT in total Bitcoin held.
Company filings show Strategy’s Bitcoin balance rose from 672,500 BTC at the end of 2025 to 762,099 BTC as of March 22, 2026. Buying continued through March, including a purchase of 1,031 BTC between March 16 and March 22 valued at about $76.6 million. Strategy said its 762,099 BTC position was acquired for approximately $57.69 billion, implying an average purchase price of $75,694 per coin. The accumulation underscores the firm’s ongoing commitment to Bitcoin as a treasury reserve, with activity accelerating early in 2026.
BlackRock still holds the top spot in absolute terms. Data show IBIT controlled about 782,474.8 BTC as of April 2, 2026, up from roughly 773,990.5 BTC at the start of the year. While IBIT remains the largest holder, its year-to-date growth has been modest next to Strategy’s buying, narrowing the spread between the two to around 20,000 BTC.
The shifting gap comes amid uneven spot Bitcoin ETF demand in 2026. BlackRock’s product page lists IBIT net assets at about $52.41 billion as of April 2, 2026, while the fund posted a negative year-to-date NAV return through April 1, reflecting weaker Bitcoin price action earlier in the year. Broader flows improved in March after a soft start: U.S.-listed spot Bitcoin ETFs reportedly took in $1.32 billion of net inflows during the month, ending four straight months of outflows. Even with that rebound, Strategy’s direct treasury accumulation has still outstripped IBIT’s growth by a wide margin so far this year.
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