BlackRock Now Owns 5% of Strategy
BlackRock, the world’s largest asset manager, has increased its stake in Strategy (formerly MicroStrategy) from 4.09% to 5%, according to a newly filed
Schedule 13G with the U.S. Securities and Exchange Commission (SEC). The firm acquired an additional 1.78 million shares in Q4 2024, bringing its total holdings to 11.26 million shares, now valued at approximately
$3.67 billion at current prices.
Institutional Confidence in Bitcoin-Exposed Companies
Strategy remains the
largest corporate holder of Bitcoin, with
471,107 BTC, currently worth over
$46 billion. The company has consistently expanded its Bitcoin reserves, reinforcing its strategy of using BTC as its
primary treasury asset. BlackRock’s increased stake suggests growing
institutional confidence in firms leveraging Bitcoin exposure as part of their corporate value.
Regulatory and Market Implications
As BlackRock's holdings crossed the
5% threshold, it was required to file a
Schedule 13G, indicating that its investment remains passive, with no intention to influence Strategy’s management. The move highlights
rising demand from institutional investors seeking Bitcoin exposure through traditional equity markets, particularly as more
Bitcoin ETFs gain traction.
