KBC Group Raises Strategy Stake to 39,826 Shares Worth $5.9 Million

KBC Group disclosed an increase in its Strategy stake to 39,826 shares, valued at about $5.9 million. The position gives the Belgian bank equity exposure to a company that holds Bitcoin (BTC) as a treasury asset. KBC’s holding is in Strategy stock, not Bitcoin itself. Strategy shares trade on Nasdaq under the ticker MSTR, and Bitcoin is the company’s primary treasury asset. For comparison, Vanguard’s Mid-Cap Index Fund held about 7.8 million Strategy shares valued at $1.13 billion. That larger position is detailed in an earlier account of the fund’s Strategy holdings .

Source: TokenPost