MicroStrategy continues to dominate the corporate Bitcoin acquisition market, purchasing an additional $39 million worth of Bitcoin last week, bringing its holdings to a record 717,722 coins, valued at approximately $45 billion. The company currently accounts for 99.2% of all recent corporate Bitcoin purchases, while the broader Bitcoin market composed of 193 publicly listed companies has nearly disappeared, with only three very small-cap companies collectively adding $30,500. Although MicroStrategy holds a large amount of Bitcoin, its unrealized losses still exceed $6.5 billion, highlighting the industry's fragility and the ongoing accumulation driven by capital disparities.