Gulf International Bank has increased its stake in Strategy by 53%, acquiring 20,207 shares valued at approximately $3.76 million. This move, disclosed by the bank's UK unit, highlights growing institutional interest in Bitcoin-linked equities. Strategy, led by Michael Saylor, is known for its substantial Bitcoin reserves, making its stock an indirect investment in the cryptocurrency market.
The bank, linked to Saudi ownership, including the Public Investment Fund, is expanding its alternative investment portfolio. This increase in Strategy holdings reflects a broader trend among financial institutions seeking exposure to Bitcoin through publicly traded companies. Despite recent volatility, Strategy's stock remains up 20% year-to-date, buoyed by a recovery in Bitcoin prices after a challenging start to 2026.
Gulf International Bank Increases Strategy Holdings by 53% Amid Bitcoin Recovery
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