MicroStrategy's Bitcoin holdings may surpass Grayscale after the next increase in holdings
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According to the latest regulatory filing submitted on September 20, MicroStrategy holds a total of 252,220 BTC, accounting for 1.2% of the total BTC supply. Currently, Grayscale GBTC and MicroBTC hold a combined total of over 254,000 BTC, and the gap between their holdings is further narrowing. MicroStrategy has recently raised funds, and it is reported that they currently hold over $1 billion in cash that has not yet been deployed (or at least not yet announced). It is speculated that if these funds are used to purchase more BTC, it will add thousands of BTC to their balance sheet and make their holdings far exceed that of Grayscale.
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