Strategy Scoops Up 34,164 Coins, Overtaking BlackRock as the World's Largest Corporate Bitcoin Holder

Jakarta, VIVA – Software technology company MicroStrategy Inc (MSTR) has shaken up the crypto market after snapping up Bitcoin worth around US$2.54 billion, or approximately Rp43.5 trillion (based on an exchange rate estimate of Rp17,140 per US dollar). According to regulatory documents, this scooping action by the company owned by Michael Saylor is the largest single purchase in history. Citing Bitcoin Magazine, this purchase adds 34,164 Bitcoin to the company’s treasury reserves. The acquisition was made at an average price of US$74,395, or around Rp1.27 billion per Bitcoin. With this addition, MicroStrategy’s total holdings now reach 815,061 BTC. This amount further solidifies Saylor’s company as the public corporation with the largest Bitcoin reserves in the world. This aggressive step has caused MicroStrategy to surpass BlackRock, which previously held around 802,823 BTC, mostly through Bitcoin-based ETF products. The action also strengthens MicroStrategy’s dominance in the global crypto market. Saylor, as MicroStrategy’s Executive Chairman, had signalled this before the transaction. Overall, MicroStrategy has poured around US$61.56 billion into accumulating Bitcoin at an average price of US$75,527 per coin. With the current Bitcoin price hovering around US$75,000, the company’s position is relatively at break-even after market volatility. Funding for this major purchase came from a combination of common stock issuance and preferred stock sales. MicroStrategy successfully raised around US$366 million from common stock sales and US$2.18 billion from instruments called STRC preferred shares. The STRC instrument forms the backbone of the latest financing. This product offers an annual yield of around 11.5% with a variable dividend scheme. The company even plans to increase the dividend payment frequency from monthly to twice a month to attract investors seeking more regular cash flow. This step reflects MicroStrategy’s strategy to continue strengthening its funding capacity for expanding Bitcoin accumulation until 2027. Currently, the company’s holdings represent more than 3.8% of Bitcoin’s total supply, limited to 21 million coins. Nevertheless, the market has responded to this action with caution. MicroStrategy’s shares were observed to drop around 2.5% in pre-market trading, indicating investor sensitivity to Bitcoin price volatility and the company’s dependence on external funding.