Breaking: BlackRock Invests Another $535M In Strategy Amid MSTR Stock Dip

BlackRock, the world’s largest asset manager with $14 trillion AUM, has continued to acquire crypto-related stocks. It has bought over $535 million worth of Strategy’s MSTR shares, per latest filings.

BlackRock Boost Stake In MSTR Stock

BlackRock has added more MSTR shares in the first quarter of 2026, according to Bitcoin Treasuries. It reporter acquiring an additional 3.14 million MSTR shares at a cost of approximately $535.6 million.

BlackRock’s latest acquisition upped its stake in Strategy to 17.75 million shares valued at a whopping $3.02 billion. Moreover, the acquisition represents a 21.5% rise in the asset manager’s holding in the Bitcoin-focused firm.

However, the disclosure came at a time when Strategy is struggling with a downturn in its share price. For context, the MSTR stock ended at $177.42 on May 15, down 5.11% on the day.

Furthermore, the stock went into the pre-market session on Monday despite BlackRock’s bullish disclosure. At press time, MSTR share price stood at $170.45, which shows a further dip of 3.93%.

Earlier, on Friday, it started at $182.11 and touched a daily high at $182.23 but ended at an intraday low of $173.61. The trading range of the stock was also wide over the 52 weeks, from $104.16 to $457.22. Meanwhile, the market capitalization of the company was close to $65.7 billion.

Michael Saylor Hints At More BTC Purchases

This new addition from BlackRock comes as Strategy has been gaining the institutional spotlight with its aggressive Bitcoin building approach. The initiative is spearheaded by Executive Chairman Michael Saylor.

Saylor recently kindled talks pertaining to another Bitcoin acquisition. On Sunday, he posted Strategy’s famous orange-dot accumulation chart together with the remark “Big Dot Energy.” This kind of post from Saylor has often come out in the lead-up to announcements of new Bitcoin purchases.

According to the Strategy’s latest dashboard, its total holding is estimated to be at over $64.2 billion with 818,869 BTC. It bought $43 million in BTC last week. In the meantime, the firm is also increasing financing related to its Bitcoin strategy.

Strategy recently raked in nearly $2.03 billion in net proceeds from four trading days of its STRC at-the-market offering. Considering the Bitcoin price trend last week, the capital could allow the acquisition of over 25,000 BTC.