MSTR Expert: Bitcoin Under $60K Breaks The Market

Adrian Morris is back to break down what Strategy’s latest earnings and the first serious stress test of its preferred-equity machine are revealing. STRC has rebounded after Strategy spent $106 million on buybacks, but Adrian argues the move is still overwhelmingly a Bitcoin and capital-structure story, not proof Strategy can simply defend par.

Bitcoin ETFs, Exchanges, and Other Custodians

Bitcoin ETFs, funds, and exchanges ranked by total BTC under management.

BTC Held by ETFs and Exchanges

1.541M

$118.31B

Number of ETFs and Exchanges

49

BTC Price

$76,782

Asset Dominance

93.8%
BTC 93.8% ETH 5.5% SOL .47% BNB .14% XRP .14%

ETFs and Exchanges Ranked by Bitcoin Holdings

#
Name BitcoinTreasuries logo
1 🇺🇸
762,287
$58,530M
3.630%
2 🇺🇸
173,308
$13,307M
0.825%
3 🇺🇸
131,528
$10,099M
0.626%
4 🇺🇸
60,555
$4,650M
0.288%
5 🇬🇮
38,931
$2,989M
0.185%
6 🇺🇸
37,752
$2,899M
0.180%
7 🇺🇸
35,026
$2,689M
0.167%
8 🇯🇵
34,504
$2,649M
0.164%
9 🇺🇸
31,581
$2,425M
0.150%
10 🇯🇪
20,297
$1,558M
0.097%
11 🇸🇪
20,085
$1,542M
0.096%
12 🇬🇧
19,260
$1,479M
0.092%
13 🇨🇦
18,373
$1,411M
0.087%
14 🇨🇭
16,843
$1,293M
0.080%
15 🇺🇸
15,400
$1,182M
0.073%
16 🇨🇦
14,898
$1,144M
0.071%
17 🇩🇪
10,922
$839M
0.052%
18 🇨🇭
8,195
$629M
0.039%
19 🇱🇮
8,195
$629M
0.039%
20 🇨🇦
8,016
$615M
0.038%
21 🇺🇸
7,056
$542M
0.034%
22 🇺🇸
6,410
$492M
0.031%
23 🇺🇸
6,331
$486M
0.030%
24 🇧🇷
5,440
$418M
0.026%
25 🇺🇸
5,113
$393M
0.024%
26 🇯🇪
4,402
$338M
0.021%
27 🇨🇦
4,336
$333M
0.021%
28 🇺🇸
4,188
$322M
0.020%
29 🇺🇸
3,746
$288M
0.018%
30 🇸🇨
3,699
$284M
0.018%
31 🇨🇦
2,868
$220M
0.014%
32 🇺🇸
2,620
$201M
0.012%
33 🇭🇰
2,603
$200M
0.012%
34 🇨🇦
2,558
$196M
0.012%
35 🇨🇦
2,339
$180M
0.011%
36 🇧🇷
1,545
$119M
0.007%
37 🇩🇪
1,480
$114M
0.007%
38 🇦🇺
1,447
$111M
0.007%
39 🇧🇷
ETF QR Asset
1,386
$106M
0.007%
40 🇦🇺
1,304
$100M
0.006%
41 🇭🇰
1,224
$94M
0.006%
42 🇭🇰
995
$76M
0.005%
43 🇺🇸
946
$73M
0.005%
44 🇨🇭
269
$21M
0.001%
45 🇩🇪
214
$16M
0.001%
46 🇱🇮
197
$15M
0.001%
47 🇺🇸
135
$10M
0.001%
48 🇺🇸
110
$8M
0.001%
49 🇬🇧
2
$0M
0.000%
50 🇬🇧
0
$0M
0.000%
Total:
1,540,917
$118,315M
7.338%

Other Digital Assets Tracked