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BlackRock increased its stake in Strategy to 5%, and STRK rose 5% in pre-market trading
PANews reported on February 7th that according to CoinDesk, BlackRock (BLK) disclosed in its latest 13G filing that its stake in MicroStrategy (MSTR) has increased to 5%, approximately 11.2 million shares, up 0.91% from 4.09% on September 30, 2024. The 13G filing is typically used to disclose passive investments, meaning the investor has no intention to influence or control the company. Meanwhile, MicroStrategy's perpetual preferred stock (STRK) has been listed on the Nasdaq, with a 2% increase in the first day of trading, a Trading Volume exceeding 650,000 shares, and an additional 5% increase in pre-market trading.