PiCK
Strategy targets holding 1 million bitcoins by year-end…would need to buy about 6,158 BTC per week
Summary
- Strategy said that to meet its goal of holding 1 million BTC by the end of 2026, it would need to buy about 6,158 BTC per week over the remaining 42 weeks.
- It said Strategy currently holds about 738,731 BTC and would need to buy an additional roughly 261,269 BTC to reach the target.
- Assuming an average bitcoin price of $85,000 per coin, it said about $22.2 billion would be needed to secure the target amount.
Forecast Trend Report by Period
Strategy, which has continued its plan to amass large bitcoin (BTC) holdings, would need to purchase more than roughly 6,000 BTC additionally each week to reach its goal of holding 1 million BTC by the end of the year.
According to Wu Blockchain on the 15th (local time), for Strategy to achieve its target of holding 1 million bitcoins by the end of 2026, it would need to buy an average of about 6,158 BTC per week over the remaining roughly 42 weeks.
As of now, Strategy’s bitcoin holdings are tallied at about 738,731 BTC. To reach the target, it would need an additional roughly 261,269 BTC.
Assuming an average bitcoin price of $85,000 per coin, calculations show that additional funds of about $22.2 billion would need to be deployed to secure the remaining amount.
Strategy has maintained an aggressive buying strategy this year as well. Since the start of the year it has purchased an additional 64,948 BTC in total, including 17,994 BTC bought just last week.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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