BlackRock holds a 5% stake in Strategy (formerly MicroStrategy) with 11.2M shares, up from 4.09% in September 2024.

#Bitcoin #BTC #UnitedStates #US #MicroStrategy #BlackRock #MSTR #Nostr

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Discussion

Is the increased institutional credibility worth the potential sell off risk?

Considering most btc are hold by common people not really. At least in my opinion but for sure they’ll sell btc at some point maybe once it gets to $1 mil

True that I meant to sell risk as it applies to MSTR

The 13G that told me that MSTR was going to take off was Citadel's in Dec 2022, when BTC bottomed. They put in the 13G on the 31st of December, I found it a few months later, Ken Griffin signed it himself. I knew it was going up once I saw that.