Its most recent purchase was relatively small, just 196 $BTC on Monday.
Strategy’s Bitcoin stash is now worth more than the market capitalization of several major banks, including BNY Mellon, Sberbank, US Bancorp, CIBC, ING, Barclays, Deutsche Bank, ANZ Bank, and Lloyds.
Source: Michael Saylor
A stash bigger than an entire nation’s GDP
Strategy currently holds 640,031 $BTC, equivalent to 3.2% of the total circulating supply. The next largest Bitcoin DAT is MARA Holdings, which holds 52,477 $BTC, worth approximately $6.3 billion.
With $77 billion worth of Bitcoin, you could buy 2,566,667 cars at $30,000 each or 385,000 houses at $200,000 each.
Related: Crypto treasury ‘bubble’ fears overblown: TON Strategy CEO
It is also comparable to the entire GDP of countries like Uruguay, Sri Lanka, and Slovenia, meaning Strategy’s Bitcoin holdings are worth as much as the annual economic output of entire nations.
El Salvador’s Bitcoin holdings are just below ATH
The largest nation-state Bitcoin treasury belongs to El Salvador, which is currently reported to hold 6,338 $BTC, worth approximately $762.5 million, according to the El Salvador Bitcoin Office.
This is slightly below its all-time high valuation of almost $770 million in mid-August, as the country has been accumulating at a much slower pace of one $BTC per day, though whether it has been buying Bitcoin is still a hotly debated topic within crypto circles.
Strategy holds nearly half of total $BTC treasury holdings
The total amount of $BTC held by public and private companies is 1.32 million $BTC, or 6.6% of the total supply worth roughly $159 billion at current market prices, according to BitcoinTreasuries.NET.
Strategy is the 800-pound gorilla of DATs, holding a whopping 48% of the total amount of $BTC held by around 266 public and private companies.
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cointelegraph.com
