MicroStrategy Bitcoin Accumulation Nears 3% of Total Supply

In a move that’s turning heads across the crypto market, MicroStrategy (MSTR) is now just 1,209 Bitcoin away from owning 3% of the entire BTC supply. The update came from a recent post by crypto analyst Crypto Rover on X (formerly Twitter). It has sparked a wave of speculation about the company’s long-term plans and market influence.

Right now, MicroStrategy holds over 226,000 Bitcoin, according to its latest update. Since there will only ever be 21 million Bitcoin, owning 3% of that means having about 630,000 coins.That puts the company just 1,209 BTC away from hitting that major milestone.

Why Does MicroStrategy Keep Buying Bitcoin?

MicroStrategy was founded by Michael Saylor, who stepped down as CEO in 2022. He did so to focus entirely on the company’s Bitcoin strategy. Saylor has repeatedly called Bitcoin “digital property” and views it as a better store of value than gold or real estate.

This aggressive Bitcoin approach is a long-term hedge against inflation, according to Saylor. He believes Bitcoin’s built-in scarcity makes it a uniquely valuable asset in the digital age.

“Bitcoin is the most secure, decentralized, and trusted monetary network the world has ever seen,” said Saylor in an earlier statement. “Our goal is simple: accumulate as much as we can while we can.”

The Implications of 3% Ownership

Crossing the 3% threshold would be more than symbolic. It could have serious effects on the broader market. A single institution holding such a large portion of BTC limits the available supply. That scarcity could drive up prices, especially in future bull markets.

It could also influence other institutions still watching from the sidelines. MicroStrategy’s continued accumulation shows strong confidence in Bitcoin’s future. This may motivate other financial firms, family offices, or even governments to follow suit.

Owning 3% of Bitcoin’s total supply also gives MicroStrategy an outsized presence in the market. They do not control how Bitcoin works since it’s decentralized, but their actions still shape how people see it. So even though Bitcoin is meant to be fair, the power doesn’t always feel evenly shared.

Final thoughts

MicroStrategy’s Bitcoin accumulation isn’t just about profit. It’s also a clear bet on Bitcoin’s future role in the global economy. With just 1,209 BTC left to hit the 3% mark, the company is making history.

At today’s price of around $63,000 per BTC, the remaining 1,209 coins would cost about $76 million. For a company that has already invested more than $7.5 billion, this final leg looks like a small step. But symbolically, it could be one of the biggest yet.