AIMCo Invests $219M in Strategy MSTR Stock Amid Bitcoin Conference
- Alberta Investment Management Corporation (AIMCo) purchased 1.38 million shares of Strategy for approximately $219 million.
- This marks AIMCo’s first investment in a Bitcoin treasury company, indicating a strategy to gain Bitcoin exposure.
- Following the announcement, MSTR stock rose by 1.03% to $159.82 in premarket trading.
- Capital Group also increased its stake, acquiring an additional $747 million worth of MSTR shares last week.
- Vanguard Group bought over $195 million in MSTR shares, now holding more than $323 million through its VOE ETF.
- Michael Saylor’s Strategy recently acquired an additional 3,273 BTC for about $255 million, bringing its total holdings to over $61.8 billion.
The substantial investments from AIMCo and other funds reflect growing institutional interest in Bitcoin exposure through companies like Strategy. This trend is underscored by Michael Saylor’s ongoing commitment to accumulating Bitcoin.
With AIMCo’s investment of nearly $219 million and Vanguard’s holdings now valued at approximately $323 million, institutional momentum behind MSTR continues to build significantly.
