For many years, the community has believed that the largest Bitcoin holder is its mysterious creator, Satoshi Nakamoto. It is estimated that Satoshi mined about 1.1 million BTC, and these Bitcoins have never been moved.
However, this view is being challenged by recent developments. Michael Saylor’s company, Strategy, has been aggressively buying Bitcoin at an astonishing rate.
Analysts predict that if the current buying trend continues, Strategy could surpass the amount of Bitcoin Satoshi is believed to hold by around March 2027.
Source: Lark Davis/X## Prediction of Surpassing Satoshi
Sharing his thoughts on this issue, well-known cryptocurrency analyst Lark Davis wrote on the X platform:
“Strategy is entirely capable of surpassing the estimated amount of Bitcoin Satoshi owns by March 2027.”
So, what makes experts confident in this prediction?
According to Davis, the key factor in Strategy’s strategy lies in the use of STRC (Non-Participating Preferred Shares Class A with Variable Interest). This type of stock operates differently from the company’s regular shares, MSTR.
While MSTR’s stock price fluctuates significantly with the crypto market, STRC remains stable near its fundamental value of $100, making it less volatile. Because of this, STRC has attracted the attention of institutional investors seeking steady returns.
Strong interest from investors has driven STRC’s trading volume to record levels, with about 7.3 million shares traded in a single day — 471% higher than the average trading volume.
This enabled Strategy to raise enough capital in a single trading session to buy 4,038 Bitcoins. In less than 90 minutes, the company surpassed 3,000 BTC and reached over 4,000 BTC.
Just in the past week, STRC is estimated to have funded the purchase of more than 10,000 Bitcoin.
According to Davis, with its aggressive investment strategy, Strategy has become one of the four largest Bitcoin holders in the world, alongside Satoshi Nakamoto, BlackRock, and Coinbase.
Currently, Strategy’s Bitcoin reserve has reached approximately 738,731 BTC, accounting for about 3.5% of the total Bitcoin supply worldwide.
Most of the cryptocurrency community expresses support for Michael Saylor’s investment strategy. Some opinions include:
“Satoshi mined Bitcoin quietly without press releases or issuing preferred shares. In contrast, Saylor does it openly and impressively. One is buying the future, the other is buying the future of the future.”
However, not everyone is optimistic about this outlook. Some have expressed opposing views, such as a user on X who said:
“Saylor will be remembered as either the richest person in the world or the biggest scammer. Either way, you have to admit this is a game with no room for compromise.”
In March 2026, Strategy marked a significant milestone by completing over 100 individual Bitcoin purchase transactions. This was seen as a major breakthrough in the company’s development strategy.
Not only Strategy, but many other publicly traded companies are also gradually adopting similar strategies, using Bitcoin as an important part of their corporate treasury.
As of the end of Q1 2026, approximately 193 publicly listed companies are believed to hold a total of 1.138 million BTC, representing over 5.4% of the total Bitcoin supply worldwide.
With this growth rate, many believe that Bitcoin will soon become an essential part of the financial strategies of major corporations around the world.