
One company spent $1.28 billion buying nearly 18,000 BTC in seven days. At its current pace, it is on track to hold more Bitcoin than the person who created it.
Strategy now holds 738,731 BTC, acquired at a total cost of around $56 billion. According to Lark Davis, Strategy sits among the four largest Bitcoin holders globally, alongside Satoshi Nakamoto, BlackRock, and Coinbase.
Strategy’s most recent reported purchase, its 102nd overall, was filed on March 9 – 17,994 BTC for $1.277 billion at an average price of $70,946. The funding engine behind it is STRC – Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock – a preferred share product that generates capital the company converts directly into Bitcoin.
According to entrepreneur and Bitcoin investor Lark Davis, STRC is powering accumulation of around 1,940 BTC per day, surging to roughly 5,700 BTC on peak record days.
Also Read: Bitcoin Price Has Been Correcting for 159 Days, But Is That Really a Problem?
Satoshi Nakamoto’s estimated holdings sit at approximately 1.1 million BTC – coins mined between 2009 and 2010 that have never moved. They represent the single largest known concentration of Bitcoin in existence.
At the current pace, Lark Davis projects Strategy could realistically surpass Satoshi’s estimated holdings by March 2027. Strategy currently needs roughly 361,000 more BTC to close that gap.
At 1,940 BTC per day, it is a realistic belief.
Satoshi’s coins have sat untouched for over 15 years. Most analysts treat them as permanently removed from circulation. If Strategy surpasses that figure, it would become the single largest active holder of Bitcoin – meaning the largest concentration of BTC that could theoretically move markets would sit inside one publicly traded company.
Strategy’s 738,731 BTC already represents over 3.5% of Bitcoin’s total 21 million supply. If it reaches 1.1 million, that figure climbs to over 5%. For an asset whose entire value proposition rests on scarcity and decentralisation, the concentration question is one the market will eventually have to answer.
That is not a criticism of Strategy’s thesis. It is simply what the numbers mean at scale.
Bitcoin is currently trading at $70,713, down 2.34% on the day.
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