Asset manager BlackRock (NASDAQ:BLK) has further increased its investment in Strategy Inc. (NASDAQ:MSTR), the company that’s primarily known for its large Bitcoin (NASDAQ:BTC) reserves.
What Happened: A disclosure with the Securities and Exchange Commission on Feb. 6 shows that BlackRock’s investment portfolio now includes approximately 11.26 million shares.
This move brings BlackRock’s total ownership in Strategy to 5%.
These shares are the public equity of Strategy, with an increase from approximately 9.48 million shares from around 3 months prior.
A simple …
Full story available on Benzinga.com