Strategy Dominance: MicroStrategy Now Controls 76% of All Corporate Bitcoin Treasuries

Having acquired an astounding 76% of all global corporate treasury holdings, Strategy (formerly MicroStrategy) has cemented its status as the unchallenged leader of corporate Bitcoin adoption. In the last 30 days alone, the company purchased 45,000 BTC, which is much more than the combined purchases of all other companies, which only added 1,000 BTC in the same time frame. This extreme concentration of digital wealth coincides with a notable macroeconomic downturn, as broader corporate demand for Bitcoin as a treasury asset has dropped by 99% from its 2025 highs.

At roughly USD 51.7 billion, the company now holds an all-time high of 762,099 BTC in Bitcoin reserves. Notwithstanding the latest market decline below the USD 70,000 level and the growing geopolitical uncertainties linked with the US-Iran conflict, Strategy has kept its confidence, even with an average cost basis of USD 75,694 per coin. By contrast, other institutional participants like Metaplanet comprise only 24% of the corporate scene, indicating a growing divide in institutional confidence and a general pullback by most conventional businesses from the volatile asset class.

Demand trends right now show a significant change in the business scene as non-strategic purchases have decreased to only 2% of overall corporate purchases from 95% just a year ago. CryptoQuant experts have observed that most businesses have stopped or sold their holdings in response to growing global volatility, hence there is no longer a general "corporate floor" to assist Bitcoin's price. While the rest of the business world takes a defensive "wait-and-see" attitude, Strategy continues to fund its enormous acquisitions mostly through debt and stock issuance, serving as a lone pillar of institutional accumulation.