Ohio State Fund Increases Stake in Strategy Inc., Boosting MSTR Stock
- The Ohio State Teachers Retirement Fund acquired an additional 5,881 shares of MSTR stock, valued at over $1 million.
- The fund’s total holdings in MSTR now amount to approximately $16 million, with a total of 93,570 shares.
- Strategy Inc. announced a new Bitcoin acquisition worth $255 million on April 27.
- Capital Group’s American Funds Fundamental Investors increased its MSTR holdings by acquiring over $747 million worth of shares.
- As of the latest trading session, MSTR shares were priced at $171.57, reflecting a slight increase of about 0.35%.
The Ohio State Fund’s investment reflects ongoing institutional interest in MSTR, even amid market fluctuations affecting crypto-related stocks. This trend is bolstered by significant purchases from major fund managers like Capital Group.
With the Ohio State Fund increasing its stake to approximately $16 million and recent Bitcoin acquisitions by Strategy Inc., the firm continues to attract investor attention amidst market changes.(Source)
