MicroStrategy nears surpassing BlackRock's IBIT in Bitcoin holdings

MicroStrategy (MSTR) is on the verge of surpassing BlackRock's spot Bitcoin ETF, IBIT, in total BTC holdings, according to Bitcointreasuries. As of March 19, MicroStrategy holds 761,068 BTC ($56.2 billion), while BlackRock's IBIT holds 782,170 BTC. The gap between the two has narrowed to approximately 21,102 BTC after MicroStrategy purchased an additional 40,331 BTC over the past two weeks.