Bill Miller’s investment management firm, Miller Value Partners, has increased its position in Bitcoin treasury company Strategy by 65%, now holding 25,250 shares valued at approximately $3.4 million. This move reflects the firm’s confidence in Strategy’s model for accumulating Bitcoin, which aligns with a broader trend among prominent value funds shifting towards Bitcoin proxies to capture potential gains in digital assets. Amidst ongoing macroeconomic uncertainty, Strategy is part of a growing number of public companies that are adopting Bitcoin as a treasury reserve.
Miller Value Partners increases stake in Strategy by 65% to $3.4M
