BlackRock increases its stake in Strategy to 5%, while STRK rises 5% before the market

PANews February 7th news, according to CoinDesk, BlackRock (BLK) disclosed in the latest 13G filing that its shareholding in Strategy (MSTR) has increased to 5%, about 11.2 million shares, compared with 4.09% increased by 0.91% on September 30, 2024. 13G files are usually used to disclose passive investments, i.e. investors have no intention of influencing or controlling the company. Meanwhile, Strategy's permanent preferred stock (STRK) has been listed on Nasdaq, with trading up 2% on the first day, trading volume exceeding 650,000 shares, and trading up 5% on pre-market trading.