TREE NEWS update: Strategy purchased 334 bitcoin for $28.7 million, bringing its total holdings above 848,000 BTC. The company’s stack accounts for roughly 4% of bitcoin’s 21 million supply cap and is worth about $73 billion.
Strategy buys 334 bitcoin for $28.7M, holdings top 848,000 BTC
The scale is the story: a single corporate treasury now represents roughly 4% of bitcoin's capped supply, a concentration with no real precedent in a commodity-like asset. That makes Strategy's disclosure cadence a de facto supply signal, since each purchase removes coins from float regardless of price. The open question is whether this accumulation pace continues, and how the market reads the shrinking available supply against the company's own funding capacity.
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