Charles Schwab has significantly increased its investment in the Bitcoin treasury company Strategy by purchasing an additional 91,859 shares, bringing its total to 1.27 million shares worth approximately $168 million. This move aligns with the growing trend among brokerages like Charles Schwab to accumulate shares in firms holding Bitcoin as more corporations adopt digital currencies as a reserve asset. Strategy, in particular, continues to promote Bitcoin as an advantageous asset for corporate balance sheets.
Charles Schwab increases stake in Strategy by $168 million
