BlackRock boosts stake in Strategy stock to 5% amid Bitcoin push
BlackRock has raised its stake in Strategy (formerly MicroStrategy) to 5%, according to a Feb. 6 filing with the U.S. Securities and Exchange Commission.
The firm now holds approximately 11.2 million shares, up from 4.09% in September 2024. Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $331.90 per share.
Strategy remains the largest corporate holder of Bitcoin 
btc0.98%, with 471,107 BTC worth about $48 billion.
Despite reporting a $670 million net loss in Q4 2024, the company continues to pursue its “21/21 Plan,” which aims to raise $42 billion for additional Bitcoin purchases. So far, it has secured $20 billion through debt and equity financing.
Strategy recently rebranded as part of its strategy to strengthen its position as the world’s largest Bitcoin treasury company.