TechFlow news — On September 30, according to Coindesk, MicroStrategy's next Bitcoin purchase could push its BTC holdings above Grayscale's GBTC. As per the latest regulatory filing submitted on September 20, MicroStrategy holds a total of 252,220 bitcoins, representing 1.2% of the total supply.
Prior to the launch of U.S. spot ETFs in January, Grayscale held over 620,000 bitcoins in its Bitcoin Trust (GBTC). It currently holds over 254,000 bitcoins, split between GBTC and its newer low-fee Bitcoin Mini Trust (BTC).
Recent fundraising has left MicroStrategy with more than $1 billion in capital yet to be deployed (or announced). It is speculated that these funds may be used to purchase additional Bitcoin, potentially adding thousands of BTC to its balance sheet and pushing its holdings well beyond those of Grayscale.
