Key takes
- BlackRock has increased its strategy interest to 5% and owns approximately 11.2 million shares.
- Disclosure of BlackRock's share increase was made through Schedule 13G filed with the SEC.
Please share this article
BlackRock increased its strategic ownership (MSTR) to 5% in the fourth quarter of 2024, according to its latest SEC filing. The investment company acquired approximately 1.8 million shares during the period and held a strategy of approximately 11.2 million shares, based on Yahoo Finance data.
The New York-based asset management giant, which oversees client assets over $11.6 trillion, is one of the strategy's top shareholders, along with Capital International Investors, Vanguard Group, Morgan Stanley and State Street.
As of the latest data, Capital International Investors and Vanguard Group is the largest shareholder in the strategy.
Interestingly, Vanguard, who has long been skeptical of Bitcoin and crypto assets, holds a big position in bullish companies in Bitcoin, including strategy, riot platforms, Mara Holdings, formerly known as Marathon Digital. Masu.
BlackRock also holds stakes in Mala Holdings (Mala). As of September 30, 2024, Larry Fink's company owns approximately 45 million shares of Mara, representing a 13% stake in the company. This makes the company one of Bitcoin Miners' largest institutional shareholders.
BlackRock's latest disclosures from MSTR Holdings come after Michael Saylor's company reformed its strategy, establishing its position as the world's largest Bitcoin finance company while continuing to develop AI-enabled business intelligence. Masu.
Strategy's Persistent Preferred Shares (STRK), which debuted on NASDAQ on Thursday, acquired 2% in a volume of over 650,000 shares. Stocks are showing even more strength, rising 5% in pre-market trading.
MSTR fell about 3% at the end of Thursday, but rose 1.5% in pre-market trading.
Please share this article
