BlackRock buys 3.14 million Strategy shares, lifting stake to 17.75 million
BlackRock has increased its position in Strategy, a company known for holding bitcoin reserves. Data from BitcoinTreasuries.NET show the asset manager purchased 3.14 million shares, worth about $535.6 million. The move brings BlackRock's total holdings to 17.75 million shares, valued at roughly $3.02 billion, a 21.5% increase from its prior stake.