A Canadian government-backed investment firm has made a significant move into the crypto-linked equity space, injecting nearly $219 million into Strategy (NASDAQ: MSTR). The investment comes as institutional interest in Bitcoin-related assets continues to rise, particularly during the Bitcoin Conference 2026.
According to a recent regulatory filing, Alberta Investment Management Corporation (AIMCo), which oversees around $142 billion in assets, acquired approximately 1.38 million shares of Strategy. This marks AIMCo’s first investment in a Bitcoin treasury-focused company, signaling a strategic push toward gaining indirect Bitcoin exposure through MSTR stock.
Following the announcement, Strategy’s stock price saw a modest uptick, rising 1.03% to $159.82 during Thursday’s premarket trading. This rebound comes after the stock declined 4.54% the previous day, closing at $158.19 on April 29. The latest investment highlights growing confidence in Strategy’s Bitcoin-heavy business model.
AIMCo is not alone in increasing exposure to MSTR stock. Capital Group recently expanded its position through its American Funds Fundamental Investors (ANCFX), purchasing 4.32 million shares worth roughly $747 million. This brings its total holdings to over 10 million shares, currently valued at around $1.63 billion. Additionally, Vanguard Group has also increased its stake, acquiring more than 1.2 million shares in April. The asset manager now holds over 2 million shares valued at approximately $323 million through its VOE ETF.
The surge in institutional investment aligns with Strategy’s ongoing Bitcoin acquisition strategy. Led by Michael Saylor, the company recently purchased 3,273 BTC for $255 million at an average price of $77,906 per Bitcoin. Strategy now holds an impressive 818,334 BTC, acquired at a total cost exceeding $61.8 billion, maintaining its position ahead of major players like BlackRock.
With strong institutional backing and continued Bitcoin accumulation, MSTR stock remains a focal point for investors seeking exposure to the cryptocurrency market.
Comment 0