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BlackRock Raises Strategy Stake by 3.14 Million Shares to 17.75 Million

According to BitcoinTreasuries.NET, BlackRock and Bank of America increased their Strategy holdings, underscoring continued institutional exposure to the company’s Bitcoin-linked equity.

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Summary

According to BitcoinTreasuries.NET, BlackRock increased its holdings in Strategy by 3.14 million MSTR shares worth about $535.6 million, bringing its total position to 17.75 million shares valued at about $3.02 billion. Bank of America also raised its stake by 117,374 shares worth $19.6 million, taking its total holdings to 3.96 million shares valued at about $664 million. Strategy, formerly known as MicroStrategy, is widely tracked in crypto markets because its large Bitcoin holdings make the stock a commonly used proxy for indirect Bitcoin exposure.

Terms & Concepts
  • MSTR: The Nasdaq stock ticker for Strategy, formerly MicroStrategy, a company closely watched by crypto investors for its large Bitcoin holdings.
  • Bitcoin treasury: A corporate balance-sheet strategy in which a company holds Bitcoin as a reserve asset, often making its stock more sensitive to Bitcoin price moves.
  • BitcoinTreasuries.NET: A data-tracking website that monitors Bitcoin holdings and related positions of public companies, private firms, and institutions.