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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/22/2026

Michael Saylor’s Strategy Buys 520 More BTC, Now Holds Over 4% of All Bitcoin

What happened: Strategy, led by Michael Saylor, purchased an additional 520 BTC for $35 million, increasing its total bitcoin holdings to over 4% of the 21 million BTC supply cap.

Michael Saylor’s Strategy Buys 520 More BTC, Now Holds Over 4% of All Bitcoin

What happened: Strategy, led by Michael Saylor, purchased an additional 520 BTC for $35 million, increasing its total bitcoin holdings to over 4% of the 21 million BTC supply cap. The firm’s bitcoin stash is now valued at around $55 billion, even as the market saw a slide in STRC.

Why it matters: This aggressive accumulation underscores institutional conviction in bitcoin as a reserve asset, especially amid volatility in adjacent tokens. Owning over 4% of all bitcoin highlights the growing concentration of supply among large entities, which could have implications for liquidity and price dynamics.

Source: The Block