BlackRock Increases Stake in Strategy to 5%

BlackRock raised its stake in Strategy to 5%, strengthening its Bitcoin exposure as its $55.5 billion Bitcoin ETF drives market inflows.

Deniz Saat

February 07, 2025 @ 9:11 AM PT

BlackRock has expanded its investment in Strategy, according to a February 6th filing with the U.S. Securities and Exchange Commission (SEC), increasing its stake to 5%.

The asset manager, which oversees $11.6 trillion in assets, further increases its exposure to Bitcoin with this move.

Following the disclosure, Strategy’s stock rose 2.8% in pre-market trading, reaching $335 as of February 7th.

Recently rebranded as Strategy, the company remains the largest corporate holder of Bitcoin, with 471,107 Bitcoin valued at approximately $48 billion.

The name change, announced on February 5th, introduced a Bitcoin-focused branding approach.

Despite reporting a $670 million net loss for Q4 2024, Strategy continues its “21/21 Plan” to raise $42 billion over three years through equity and fixed-income instruments to fund further Bitcoin acquisitions.

The company has already secured $20 billion, primarily through convertible notes and debt issuance.

BlackRock’s spot Bitcoin exchange-traded fund (IBIT) ranks 31st globally across both traditional finance and digital asset sectors, according to VettaFi data as of January 31st.

With $55.5 billion in assets, the ETF holds 48.7% of all U.S. spot Bitcoin ETF holdings, based on data from Dune.

Institutional inflows into Bitcoin ETFs have been a key driver of Bitcoin’s 2024 and 2025 price movements.

These funds accounted for approximately 75% of new investments, contributing to Bitcoin reclaiming the $50,000 mark on February 15th, less than a month after spot ETFs launched.