HomeBreaking NewsBlackRock Doubles Down on Bitcoin—Boosts Stake in Strategy to 5%

BlackRock Doubles Down on Bitcoin—Boosts Stake in Strategy to 5%

Posted: 8 February 2025, 09:07 CET | Updated: 8 February 2025, 16:23 CET 1 min read

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The world’s largest asset manager, BlackRock, has added 1.78 million more shares of Strategy, a company widely known for its Bitcoin reserves. This move brings BlackRock’s total stake to 5%, further cementing its involvement in the crypto space.

While the exact sum remains undisclosed, market estimates suggest BlackRock’s latest investment in Strategy totaled around $584 million. SEC filings confirm that the company now holds 11.26 million MSTR shares, valued at approximately $3.67 billion—further solidifying its confidence in the Bitcoin-centric firm.

Meanwhile, Strategy continues to make headlines with its unwavering commitment to Bitcoin. In a move to enhance brand visibility and attract new investors, the company has undergone a full rebrand, introducing a new name, updated logo, and a merchandise store.

Strategy’s Bitcoin Holdings Over Time. - The Coinomist — Strategy’s Bitcoin Holdings Over Time. Source: Official Saylortracker Website.

Even a titan like BlackRock is adapting to the evolving financial landscape. Known for its meticulous yet innovative investment approach, the firm’s increased stake in Strategy signals growing institutional interest in the crypto sector. With traditional markets facing instability and digital assets expanding at an unprecedented pace, allocating capital to blockchain-heavy companies is becoming a compelling strategy.

This investment came into public view due to regulatory requirements—crossing the 5% ownership mark meant BlackRock had to officially disclose its holdings, revealing a calculated bet on the future of Bitcoin.

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