BNY Mellon Boosts Strategy Stake to 1 Million Shares Worth $187.2 Million
BNY Mellon has increased its ownership in Strategy (MSTR) to 1 million shares, valued at approximately $187.2 million, thereby enhancing its indirect exposure to Bitcoin through the treasury company, all without holding the actual coins.
Summary
- The Bank of New York Mellon has added an extra 101,810 shares of Strategy, totaling about $18.7 million.
- This recent acquisition brings BNY Mellon’s total holdings in Strategy to 1 million shares, collectively worth approximately $187.2 million at current market valuations.
- With about $2.1 trillion in assets under management, the institution joins a growing number of significant organizations that are building substantial positions in Strategy as a means of gaining Bitcoin exposure.
As reported by BitcoinTreasuries on X, BNY Mellon has expanded its interest in Strategy (NASDAQ: MSTR) by acquiring 101,810 additional shares. At an estimated price of roughly $183.50 per share, this latest purchase is valued near $18.7 million, raising BNY Mellon’s total ownership to 1 million shares worth close to $187.2 million.
A recent Form 13F summary reveals that BNY Mellon has disclosed 33,189 equity positions with a total valuation nearing $567.7 billion, underscoring that the $187.2 million stake in Strategy, while modest, is a notable component of its extensive portfolio. For perspective, BNY manages approximately $2.1 trillion in assets and oversees around $45 trillion in assets under custody, making it one of the world’s largest custodians.
Previously known as MicroStrategy, the company has effectively transformed into the largest publicly traded Bitcoin treasury vehicle. According to data from BitcoinTreasuries as of May 7, 2026, Strategy holds about 818,334 BTC, valued at approximately $66.6 billion, outpacing both other public companies and numerous nation-states in Bitcoin reserves. This exposure allows each share of MSTR to serve as a leveraged asset correlating with BTC price movements, appealing to hedge funds, trading firms, and an expanding array of banks and asset managers.
BNY Mellon’s recent action aligns with patterns noted among other Wall Street players. Earlier this year, Goldman Sachs disclosed an increase in its Strategy investment of 237,874 shares, lifting its total to 2.33 million shares, while quantitative firm Jane Street raised its stake by 473% in Q4 2025, approaching roughly 951,000 shares, based on filings from BitcoinTreasuries.
These developments illustrate a broader trend that crypto.news has been tracking: major institutions are utilizing both spot Bitcoin ETFs and equities heavily invested in BTC, such as Strategy, to express macroeconomic views on digital assets without the need for direct coin possession. An additional analysis by crypto.news examined the causes behind MSTR often trading at a premium relative to its net Bitcoin per share, pointing to factors like institutional demand, tax implications, and intrinsic call-option value linked to future BTC acquisitions. Another feature from crypto.news highlighted that as Strategy issues more shares to acquire Bitcoin, it effectively invites investors like BNY Mellon to co-finance its long-term BTC accumulation—a strategy that continues to attract some of the world’s premier financial institutions, as evidenced by the recent addition of 101,810 shares.