Institutional Interest in Strategy Surges Amid Bitcoin Boom
- Institutional managers filed fourth-quarter 2024 13F reports, revealing investment strategies.
- Strategy, formerly MicroStrategy, acquired nearly 260,000 BTC in 2024, holding a total of 478,740 BTC worth over $46 billion.
- Vanguard remains the largest shareholder of MSTR with 16.3 million shares despite selling 1.5 million shares recently.
- Institutions hold nearly $37 billion in MSTR options, doubling from the previous quarter.
- The company reported a fourth-quarter net loss of $670.8 million and issued a $2 billion convertible senior notes offering.
Strategy’s aggressive bitcoin acquisition strategy has led to increased institutional interest in MSTR stock and options, with holdings now valued at over $46 billion in bitcoin assets. Despite financial challenges, including a significant net loss and impairment warnings, institutional investors continue to see potential value in Strategy’s market position.
Source (2.6)https://www.theblock.co/post/342065/institutional-interest-in-strategy-surges-in-q4-amid-bitcoin-boom-including-37-billion-worth-of-mstr-options
