Move over, Mr. Darcy! BlackRock has just upped its stake in Michael Saylor’s Strategy to a whopping 5%! 😲
The world’s largest asset manager, with over $11.6 trillion in assets under management, has been showing some serious love for Bitcoin. And who can blame them? 😉
Following the investment, MicroStrategy’s stock price rose by more than 2.8% in pre-market trading, to change hands at $325 as of 12:25 pm UTC on Feb. 7, Google Finance data shows. Talk about a happy ending! 🎉
Strategy, the world’s largest corporate Bitcoin (BTC) holder, now boasts holdings of 471,107 BTC worth around $48 billion. That’s enough to buy a small country! 🏰🌎
BlackRock’s growing stake in Saylor’s company comes a day after MicroStrategy rebranded to Strategy and adopted a Bitcoin-themed visual marketing scheme, CryptoMoon reported on Feb. 5. Talk about a makeover! 💄
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2025-02-07 15:53