According to the latest data, among all listed companies in the United States that currently include cryptocurrency on their corporate balance sheets, 95.2% of companies hold Bitcoin, far exceeding other cryptocurrencies.Followed by altcoin leader Ethereum, accounting for 4.1%.In comparison, other cryptocurrencies like Solana, BNB, XRP, and Doge have a total holding percentage of less than 1%. Among them, there is a US listed company that holds far more Bitcoin than other companies that have Bitcoin on their balance sheets.Currently, the company holds the top spot with a total of 720,737 Bitcoins. In comparison, MARA, the second-ranked US listed company, appears "extremely small" in terms of the number of Bitcoin holdings.The MARA company currently holds 53,822 Bitcoins, and compared to the number one company, this number gap reaches a staggering 666,915 Bitcoins. What’s even more shocking is that among all 193 U.S. listed companies holding Bitcoin (a total of 1,136,338 Bitcoins), this company’s Bitcoin holdings accounted for more than 60% of the market share, with a specific proportion as high as an astonishing 63.4%. And this US listed company is Strategy. Since Strategy first purchased $250 million worth of Bitcoin in 2020, the company has successfully transformed into a “Bitcoin Finance Company.”Its business model is tied to the price of Bitcoin, and every one of its financial decisions and market fluctuations is directly affected by Bitcoin price changes. At the same time, it is precisely this strategic positioning that makes the company the largest Bitcoin treasury company in the world!Therefore, the fluctuations of the company’s stock (MSTR) are highly linked to the rise and fall of Bitcoin prices. However, since the company’s business model is closely tied to the price of Bitcoin, its profitability levels are inevitably correlated with Bitcoin’s price performance.When the price of Bitcoin rises, the company's asset value and profitability will naturally increase significantly; conversely, when the price of Bitcoin falls, the company's financial performance will also be directly affected. Currently, Strategy holds a total of 720,737 Bitcoins, with the purchase cost of each Bitcoin being $75,992.The current price of Bitcoin has dropped from a historical high of US$126,000 to approximately US$67,500, a drop of nearly 50%! This also means that as the price of Bitcoin continues to fall, the company is facing serious losses on the huge amount of Bitcoin it currently holds!——Based on the current market price, the company’s profit-loss ratio for each Bitcoin held is -11.35%, and the total floating loss of the entire position is as high as 6.12 billion US dollars. As of March 9, 2026, despite facing huge losses, Strategy has no plans to sell Bitcoin or stop buying Bitcoin.On the contrary, the company has completed its 101st Bitcoin purchase and continues to steadily increase its Bitcoin reserves! Specifically, between February 23 and March 2, Strategy once again spent US$204 million to purchase 3,015 Bitcoins.This purchase also marks the company’s 101st successful Bitcoin purchase, bringing the company’s total Bitcoin reserves to 720,737.