BlackRock, with assets totaling $14 trillion, has reduced its stake in the Bitcoin treasury company Strategy by 0.33%, now holding 14.6 million shares valued at approximately $1.88 billion. This adjustment reflects the evolving dynamics of the crypto market, where asset managers like BlackRock have been actively recalibrating their positions in Bitcoin-focused equities. Strategy, known for its innovative approach to corporate treasury allocation towards Bitcoin, continues to influence institutional investment strategies in this area.
BlackRock cuts stake in Strategy to 14.6M shares worth $1.88B
