Strategy now owns 3% of all Bitcoin in circulation

Strategy, previously known as MicroStrategy, now owns 3% of all Bitcoin currently available. The company, led by Michael Saylor, possesses 601,550 Bitcoins. With a total Bitcoin supply capped at 21 million, Strategy needs to acquire approximately 29,000 more Bitcoins to own 3% of the maximum possible supply. The company's Bitcoin holdings were purchased at a total cost of $42.87 billion, averaging $71,268 per Bitcoin. At the current market price, this Bitcoin stash is valued at roughly $71 billion, giving the company an unrealized profit of nearly $30 billion.