BlackRock Increases its Stake in MicroStrategy to 5%
Recent SEC filings show Blackrock has increased its stake to 5% in its strategy (formerly micro-caused) to equate to about 11.2 million shares.
The frequent acquisitions of Bitcoin make it the first choice for institutional participants seeking indirect Bitcoin investments.
microThe share of strategy has increased
In the nearest one Register,,,,, BlackRock, the world’s largest asset managerdisclosed new acquisitions of strategic stocks. The latest purchases increased by 0.91% from ownership as of September 2024.
When investors acquire more than 5% of the shares of publicly traded companies, but do not intend to affect the company, 13G Schedule 13G is proposed. Institutional investors must submit within 45 days of the year or within 10% of the time if ownership exceeds 10%.
According to TradingView, the strategy experienced greater trading volume in response to BlackRock’s purchases, while shares in Nasdaq stock increased by 2%.
The timing of BlackRock’s increased stake coincides with the strategy’s continued Bitcoin accumulation. The company’s recent financial results show a record breakable Bitcoin purchase in Q4 2024, with acquisitions of more than $20 billion.
Earlier this week Michael Sealer Announced this MicroStrategy has renamed the policy toinclude the Bitcoin symbol in its official logo. The company aims to acquire $10 billion in Bitcoin holdings in 2025 under its new brand name.
Less than two weeks ago, Strategy bought $1.1 billion in Bitcoin This is the second time in a week. But earlier this week The company stopped buying bitcoin for 12 weeks.
“Last week, MicroStrategy did not sell any shares of Class A common stock under its Market Equity Products Program and did not buy any Bitcoin. As of February 2, 2025, we held 471,107 BTC for a price of ~$30.4 billion. Acquisition, $64,511 per Bitcoin,” Saylor claim.
Several factors may explain the change in this gear. It is worth noting that Bitcoin’s value has been struggling, especially because U.S. tariffs on Mexico, Canada and China This has triggered a downturn in the cryptocurrency market.
Given the possibility of further economic instability, the strategy may have taken a more conservative approach in its future Bitcoin investment.
Unforeseen tax dilemma
Strategy has been recently disclosed Major tax issues owned by its $47 billion Bitcoin Holdings. The company’s $18 billion unrealized gains may be subject to the Biden administration’s 2022 minimum tax on corporate replacements (CAMT).
This tax, designed to prevent a company from minimizing taxable income, applies to adjusted financial statement income and may be levied before the asset is sold.
Although the IRS exempts unrealized stock gains, the treatment has not yet been extended to cryptocurrencies, taking responsibility for billions of dollars in taxes starting in 2026.
Blackrock’s recent purchases have provided some relief to the strategy as it continues to prioritize Bitcoin accumulation.
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