Institutional Investors Bet Big on MSTR
MicroStrategy continues to attract major Wall Street players as its stock (MSTR) outperforms bitcoin. Known for its substantial bitcoin holdings, the company added 331,200 BTC worth $29.7 billion, following a $4.6 billion purchase on Monday. This purchase, its largest ever, has reinforced its reputation as a preferred bitcoin proxy.Institutional Inflows Surge
Recent 13F filings reveal significant institutional interest in MSTR. Vanguard and Capital International Investors increased their holdings by 1,000% each, reaching 16 million shares apiece. Morgan Stanley added 8 million shares, marking a 500% quarter-over-quarter growth. Goldman Sachs and Bank of America also raised their stakes, bringing the total number of institutional holders to 738, with reported holdings worth $15.3 billion.MSTR Outpaces Bitcoin and ETFs
MSTR has surged 450% year-to-date, compared to bitcoin’s 110% increase. Analysts credit MicroStrategy’s innovative approach to capitalizing on its bitcoin holdings through leveraged U.S. capital markets. Unlike bitcoin ETFs, MSTR offers compounding yield opportunities, making it more appealing for institutions and retail investors seeking exposure to the cryptocurrency market. MicroStrategy’s recent stock price hit a record high of $384, giving the company a market cap of $78 billion. As both retail and institutional investors continue to flock to MSTR, it remains a standout option for those looking to capitalize on bitcoin’s growth without direct exposure to cryptocurrencies.
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