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Title: 13,000 Institutions Hold Strategy Stock, Saylor Reveals
In a recent announcement, MicroStrategy CEO Michael Saylor has disclosed that over 13,000 institutions now hold his company’s stock. This revelation highlights the growing interest in the tech-heavy Nasdaq-100 listed company, which has seen enormous gains in recent years.
As previously reported by U.Today, Strategy (formerly known as MicroStrategy) secured a spot on the tech-heavy Nasdaq-100 index late last year after an impressive performance during 2024. The MSTR stock has since continued to gain momentum, rising by 5.73% year-to-date and outperforming the Nasdaq-100’s decline of over 13%.
The significant increase in institutional investor interest is likely attributed to the company’s massive Bitcoin shopping spree, which has seen it amass a total of over 531,000 coins. Saylor has hinted at potential future purchases, further fueling speculation about the direction of the stock.
Notably, MSTR shares have become an attractive investment opportunity for many institutional investors, pension funds, and exchange-traded funds (ETFs). As reported by U.Today, nearly 5% of the company’s outstanding shares are now held in ETFs.
Source: https://u.today/13000-institutions-hold-strategy-stock-saylor-reveals
