What is Strategy’s STRC and will it help Saylor overtake BlackRock’s $55bn Bitcoin stockpile?

Strategy is breathing down BlackRock’s neck. Michael Saylor’s firm is closing in on the Bitcoin held by Larry Fink’s exchange-traded funds after an aggressive buying spree that saw Strategy spend over $7 billion on Bitcoin in just the first two-and-a-half months of 2026. Strategy now holds 761,068 Bitcoin worth approximately $57 billion at an average cost of $75,696 per coin. BlackRock’s IBIT, meanwhile, holds 782,179 Bitcoin worth over $55 billion, according to Bitbo — meaning Strategy trails by just 21 ...