Institutional adoption of Bitcoin proxy stocks continues to accelerate at a breakneck pace.
According to a recent filing, legacy wealth manager Rockefeller Capital Management, which oversees a massive $198 billion in assets, has aggressively expanded its position in the Bitcoin treasury company Strategy Inc. (MSTR).
The firm increased its holdings by a rather impressive 146%. It currently holds a total of 198,283 shares. This position is worth approximately $28 million at press time.
HOT Stories
XRP Breaks Out: $1.92 Emerges as Technical Target, Bitcoin Recovers to $71,000 Fueled by Quarter Billion in Short Liquidations, Cardano Sees Massive 230 Million ADA Whale Redistribution: Morning Crypto Report
Ripple CEO Says Clarity Act Is About Protecting Interests of Americans
Strategy surges over 9%
The shares of Strategy surged over 9% today, mirroring the ongoing Bitcoin rally
The leading cryptocurrency is up by nearly 8%. It is currently on track to reclaim the $73,000 level
Institutional FOMO
Rockefeller is far from the only major player heavily accumulating MSTR. Over the past two weeks, a flurry of institutional filings and market data have highlighted an intense wave of interest in the Bitcoin treasury firm:
In late February, Europe’s largest asset manager with $2.8 trillion under management disclosed a massive 373% increase in its MSTR position
Amundi bought an additional 3.77 million shares, bringing its total holdings to a staggering 4.79 million shares ($641 million)
A day prior, South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, boosted its position by 20% to 614,409 shares ($83.2 million).
On March 2, Strategy announced a 25 basis point dividend increase on its perpetual preferred stock, Stretch ($STRC), bringing the yield to 11.5%.
The momentum has even caught the attention of high-net-worth executives. Former Sotheby’s CEO Tad Smith publicly noted on February 27 that he is “torn between selling $STRC to buy more $STRK and $MSTR right now.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Ripple Expands Institutional Trading With Coinbase Derivatives BTC, ETH, SOL, and XRP Futures
Ripple added Coinbase BTC, ETH, XRP and SOL futures to Ripple Prime, its platform that cleared more than $3 trillion in 2025.
Trades are processed through Nodal Clear, giving institutions 24/7 access to CFTC-regulated crypto futures in the U.S.
Ripple has added Coinbase Derivatives’
CryptoNewsFlash3m ago
BTC drops below 67,000 USDT
Gate News bot message, Gate market display, BTC drops below 67,000 USDT, current price 66,997.2 USDT.
CryptoRadar3m ago
Bitcoin May Be Closer to a Bottom Than Most Think, Chart Signals
The Bitcoin price slipped about 2% today, trading slightly below $68,000 after pushing above $73,000 earlier this week, as already covered on our site. The move added fresh pressure to a market that still feels shaky, especially after several failed attempts to hold higher levels.
Still, not e
CaptainAltcoin4m ago
Claude AI Predicts the Price of Bitcoin and Ethereum If the Middle East Conflict Escalates
The crypto market is currently in a challenging phase. A series of rallies have taken place, followed by a drop in price appreciation. This has led to a change in market sentiment. Traders are currently wondering whether the bottom is in place or whether prices will continue to fall.
The rall
CaptainAltcoin53m ago
