Saudi-Linked Bank Raises Strategy Holdings by 53%
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Gulf International Bank’s UK unit raised its stake in Strategy by 53% to 20,207 shares worth about $3.76 million, according to a filing highlighted May 13, reflecting growing institutional demand for Bitcoin-linked exposure. Strategy stock remains highly correlated with Bitcoin, posting large losses during the early‑2026 price decline but is up year‑to‑date on a renewed Bitcoin recovery, underscoring crypto adoption risks and the market impact of corporate Bitcoin reserves.
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- Gulf International Bank raised its Strategy stake as institutions expand Bitcoin-linked exposure.
- Strategy’s value swings with Bitcoin, posting big losses during price declines in early 2026.
- Despite volatility, Strategy stock remains up year-to-date on renewed Bitcoin recovery.
Gulf International Bank has increased its investment in Strategy as institutional interest in Bitcoin-linked stocks continues to grow. A recent filing from the bank’s UK unit showed it raised its Strategy holdings by 53% to 20,207 shares worth about $3.76 million.
The disclosure, highlighted by BitcoinTreasuries.NET on May 13, comes as more financial institutions seek exposure to Bitcoin through publicly traded companies.
Strategy, led by Michael Saylor, has become closely tied to Bitcoin after building one of the largest corporate Bitcoin reserves. As a result, many investors now t…
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