
Geode Capital Management’s increased MicroStrategy stake highlights sustained institutional demand for equity-based Bitcoin exposure through cryptocurrency-linked companies.
Geode Capital Management, with $1.48 trillion in assets under management, has increased its MicroStrategy holdings by 175,343 shares, bringing its total to approximately 3.91 million MSTR shares valued at $502 million as of December 31, 2025. The move follows other major institutional investments in MicroStrategy, which is leveraged as a vehicle for Bitcoin exposure due to its substantial corporate Bitcoin reserves.