Emre Yumlu 
Blackrock’s ownership of Strategy increases to 5% according to latest 13-g filing. Strategy‘s stock up 5% in pre-market trading.
BlackRock Ownership and STRK Shares Rise on Nasdaq
According to a recent Schedule 13G filing, BlackRock (BLK) disclosed that it now owns 5% of Strategy (MSTR), which equals approximately 11.2 million shares. This marks a 0.91% increase from its previous 4.09% ownership as of September 30, 2024. According to Yahoo Finance, BlackRock’s filing regarding its ownership stake is a significant development.
A Schedule 13G is filed when an investor acquires more than 5% of a publicly traded company’s stock but does not intend to influence or control the company. Institutional investors are required to file within 45 days after year-end or within 10 days if ownership exceeds 10%.
BlackRock was required to disclose its 5% ownership by December 31, 2024, and make the filing public by February 14.
Meanwhile, Strategy’s perpetual preferred stock (STRK) began trading on Nasdaq this past Thursday. According to TradingView, STRK closed the day up 2%, with over 650,000 shares traded. This marks another significant development for Strategy.
Following the close of the trading day, STRK continued its upward momentum, gaining 5% in pre-market trading. This indicates that STRK is being positively received by investors, with strong growth potential moving forward.
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