Key Takeaways
BlackRock, a New York-based asset management giant, has increased its stake in Strategy (MSTR) to 5%, owning approximately 11.2 million shares. This information was disclosed through a Schedule 13G filing with the Securities and Exchange Commission (SEC).
According to BlackRock’s latest SEC filing, the firm acquired approximately 1.8 million shares of Strategy during the fourth quarter of 2024, bringing its ownership stake to 5%. This increase in stake reflects BlackRock’s confidence in the company’s potential.
Strategy is among the top shareholders of Strategy, along with Capital International Investors, Vanguard Group, Morgan Stanley, and State Street. Capital International Investors and Vanguard Group are currently the largest shareholders of Strategy.
Interestingly, Vanguard, which has historically been skeptical of Bitcoin and other cryptocurrencies, holds significant positions in companies that are bullish on Bitcoin, including Strategy. BlackRock also holds shares in MARA Holdings (MARA), a leading Bitcoin miner, with a 13% stake in the company.
BlackRock’s recent disclosure of its MSTR holdings coincides with Strategy’s rebranding as the world’s largest Bitcoin treasury company and its focus on AI-enabled business intelligence.
Strategy’s perpetual preferred stock (STRK) recently debuted on Nasdaq and closed up 2% on high trading volume. The stock is showing further strength in pre-market trading, up 5%.
While MSTR experienced a decline of about 3% at Thursday’s close, it is currently up 1.5% in pre-market trading.