BlackRock Expands Stake in Strategy, Holding 5% of Company’s Shares

• Strategy (formerly MicroStrategy) holds 471,107 BTC valued at $46 billion, leading in corporate Bitcoin ownership.
• BlackRock increases its stake in Strategy to 5%, holding 11.26 million shares as of Dec 2024.
• Strategy’s stock price surged following BlackRock’s increased stake, rising over 2% in pre-market trading.

A filing with the U.S. Securities and Exchange Commission showed that BlackRock Inc. had increased its stake in MicroStrategy to 5% before the rebranding to Strategy. BlackRock again increased its stake by purchasing 11.26 million shares with ownership percentage increasing from 4.09% as of September 30, 2024. This has led Strategy’s market capitalization to over $3.67 billion.

BlackRock’s Growing Investment in Strategy (MSTR)

According to the Schedule 13G filing on February 6, 2025 BlackRock continued to purchase more Strategy stocks during the last quarter of 2024, acquiring an additional 1.78 million. Purchasing new shares has led BlackRock to hold assets worth approximately $584 million. The new shares acquired by BlackRock are reflected in the filing. However the company specifies that it has no desire to exercise influence or control over Strategy’s operations. This stance fits with Schedule 13G filing purposes.

BlackRock Expands Stake in Strategy, Holding 5% of Company’s Shares 3

Strategy continues adding Bitcoin to its portfolio by holding 471,107 BTC worth over $46 billion as it executes its Bitcoin accumulation strategy. The company’s investment approach centers primarily on Bitcoin asset acquisition because it fits its overall investment strategy. Its “21/21 Plan” strategy includes increasing the company’s capital by $42 billion within the next three years, with considerable funds directed towards Bitcoin acquisition.

Impacts on Strategy’s Financial Landscape

In pre-market trading after the filing Strategy’s stock price rose by over 2.8 %, trading at $325 per share.  The stock market responded positively to BlackRock’s increasing investment in the company through this upward movement of share value. After transforming its name to Strategy the company has continued its dedicated support for Bitcoin operation despite encountering various business difficulties. For the fourth quarter of 2024 Strategy experienced a net loss totaling $670 million, according to its most recent financial reporting.

Strategy’s financial position depends heavily on its Bitcoin investments and ongoing investment activities in the digital asset sector. Despite reporting recent financial losses, the company continues to concentrate on expanding its Bitcoin portfolio using senior convertible notes and debt.

The firm’s stake is part of a broader trend of institutional interest in Bitcoin, with the firm’s Bitcoin ETF becoming one of the largest in the world, valued at $55.5 billion as of January 2025. This ETF now holds nearly 50% of all U.S. spot Bitcoin ETF assets, underscoring BlackRock’s growing influence in the cryptocurrency market.