BlackRock's iShares ETF boosts Strategy stake by $20M
- —BlackRock bought 123,472 Strategy shares for about $20 million
- —Total position now stands at 1.76 million shares worth $280 million
- —Strategy is the largest corporate Bitcoin holder
- —BlackRock also runs the spot Bitcoin ETF IBIT
Why it matters: Institutions keep building indirect Bitcoin exposure through Strategy equity, sidestepping mandates that bar direct crypto holdings.
Source: Crypto Briefing