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
Bitcoin Price: Why Pepeto Is the Exchange Ecosystem Everyone Is Talking About As ETH Recommits to...
The Ethereum Foundation published a new mandate reaffirming decentralization and user sovereignty while signaling a leaner role going forward. Vitalik Buterin said in February that Ethereum’s Layer 2 scaling approach no longer makes sense, with centralized systems going against the decentralization
BlockChainReporter4m ago
Bitcoin and Ethereum Maintain Strong Market Positions in Early 2026
In March 2026, Bitcoin and Ethereum remain dominant in the cryptocurrency market, bolstered by strong infrastructure. A $0.04 altcoin has gained notable attention with significant price changes since early 2025.
GateNews12m ago
Whale address shorts over $58 million in BTC and ETH using 20x leverage
Gate News reports that on March 19, Lookonchain monitoring shows that address 0x049b opened a 20x leveraged short position approximately 2 hours ago, involving 428.73 BTC (approximately $29.62 million) and 13,852 ETH (approximately $29.13 million), with a combined notional value of approximately $58.75 million. The position is currently showing unrealized gains exceeding $1.15 million. The liquidation prices for the above positions are: BTC $72,409.98 and ETH $2,226.62, respectively.
GateNews22m ago
Bitcoin $20,000 Put Option Becomes Third Most Popular Strike Price Before CEX Quarterly Expiration
Before Bitcoin quarterly options expiration, the $20,000 put strike became the third most popular strike price, reflecting traders' expectations for extreme downside scenarios. Despite elevated market panic sentiment, call options still slightly outnumber put options, with overall sentiment leaning bullish.
GateNews25m ago
How Bad Is This US Midterm Election for the Crypto Industry?
# The 2026 U.S. Midterm Elections Could Be a Key Variable in the Crypto Industry's Direction
The 2026 U.S. midterm elections may become a critical variable in determining the direction of the crypto industry. If the Democratic Party regains control of Congress, the control of key committees will shift. Even as bipartisan support is forming, it is the power to set the agenda that truly determines the fate of legislation. This article is sourced from Bankless and has been compiled, translated, and written by BlockBeats.
(Previous Context: BTC Could Fall 56%? Historical Data Reveals: U.S. Midterm Election Year Will Be Bitcoin's "Key Bottom-Finding" Point)
(Background Supplement: The Biggest Trade of 2026: Trump, Who Cannot Afford to Lose the Midterm Elections, and the End of International Order)
## Table of Contents
Toggle
An Unexpected Point
Where Power Comes From
What Happens If the Democrats Win Across the Board?
The Senate Situation: Slightly Better, But Still Constrained
What's Really Critical
動區BlockTempo43m ago
