Over 13K Funds Now Exposed to Strategy’s BTC Bet


Author
Pratik Thorat
Over 13,000 institutions now hold MicroStrategy stock, gaining Bitcoin exposure as Saylor teases another major BTC purchase.
Strategy’s Bold Bitcoin Bet Draws 13K+ Institutional Investors
MicroStrategy’s legendary Bitcoin buying spree isn’t slowing down in fact, it’s pulling in thousands of institutional investors along for the ride.
As per the latest update from SaylorTracker, Strategy (aka MicroStrategy) is now sitting on more than $9 billion in unrealized Bitcoin gains, with a return of over 25% on its holdings.
And it seems the momentum is only getting stronger.
Saylor’s Signal: Another BTC Buy Incoming?
Strategy co-founder Michael Saylor known for his evangelical support of Bitcoin dropped yet another cryptic hint on social media this weekend. He shared his usual Sunday BTC chart on X (formerly Twitter), a post many see as a precursor to another Bitcoin acquisition.
Turns out, they were right.
On April 14, Strategy scooped up an additional 3,459 BTC worth over $285 million, pushing its total haul to a staggering 531,644 BTC that’s more than $44.9 billion worth of Bitcoin at current prices.
But the bigger story? Strategy isn’t just buying Bitcoin it’s reshaping the entire landscape of institutional exposure.
Over 13,000 Institutions Now Hold Strategy (MSTR)
Saylor’s post also revealed that more than 13,000 institutional investors now directly hold MicroStrategy stock (MSTR). Add to that 814,000+ retail accounts and an estimated 55 million beneficiaries with indirect exposure through:
- ETFs
- Mutual Funds
- Pension Plans
- Insurance Portfolios
It’s a massive web of capital tied to the company, all gaining some form of exposure to Bitcoin intentionally or not.
- “Strategy is no longer just a software company; it's a Bitcoin gateway for the global financial system,” said one crypto analyst on CoinDesk.
Traditional Finance Is Funding the Bitcoin Boom
Here’s how it works: Strategy issues corporate debt and new equity shares to raise funds. But instead of expanding operations or acquiring tech companies, it simply… buys Bitcoin.
This unusual model acts as a bridge, funneling billions from Wall Street and passive investment vehicles into the crypto world.
And it’s working.
Thanks to this approach, Strategy has become the largest corporate holder of Bitcoin in the world, a fact that has significantly influenced Bitcoin’s long-term price stability.
Nasdaq 100 Listing: More Passive BTC Exposure
One of the most strategic moves came in December 2024, when Strategy was officially added to the Nasdaq 100 Index a list of the top 100 largest companies by market cap on the Nasdaq exchange.
This inclusion means that countless index-tracking funds and ETFs, such as:
- Invesco QQQ ETF
- Fidelity Nasdaq Composite Index Fund
- Vanguard Growth ETF
Automatically allocate a portion of their capital to MSTR and therefore, to Bitcoin by proxy.
It's an indirect BTC buy, fueled by regular investors who may not even know they now hold crypto exposure in their retirement or index funds.
Bitcoin Touches $87K: Strategy Holds Strong
With Bitcoin now trading around $87,423, Strategy’s BTC stash is sitting comfortably in the green. The company’s stock, MSTR, has also held steady around $317 per share, according to TradingView.
Saylor’s bold Bitcoin play has clearly paid off both in terms of gains and influence.
U.S. State Governments Also Have Exposure
It’s not just retail investors and Wall Street. As reported by Bitcoin researcher Julian Fahrer, even U.S. state governments are indirectly exposed to Strategy’s BTC position.
At least 12 states, including California, Texas, Florida, and New Jersey, hold MSTR through their state pension funds and investment portfolios.
This deepens the narrative that Bitcoin is no longer on the fringe it's woven into the very fabric of global finance.
Analyst View: Bitcoin ETFs + Strategy = Price Stability
Bloomberg ETF analyst Eric Balchunas recently noted that Bitcoin ETFs and institutional Bitcoin adopters like Strategy are crucial in stabilizing BTC’s price.
While short-term speculators still cause volatility, the $2.4 billion in year-to-date Bitcoin ETF inflows have added a cushion. Combined with Strategy’s steady accumulation strategy, this has kept BTC resilient even during profit-taking selloffs.
Why Strategy’s Bitcoin Model Matters
- No Selling Plan: Unlike traders or miners, Strategy doesn’t plan to offload BTC anytime soon. That creates a long-term price floor.
- Capital Flywheel: The company raises fiat → buys BTC → gains exposure → attracts investors → raises more capital. Rinse and repeat.
- Financial Trojan Horse: Through ETFs and pension funds, even conservative institutions now hold a piece of Bitcoin via MSTR.
Final Thoughts
Michael Saylor's Strategy isn’t just betting on Bitcoin it's become a financial on-ramp for institutions and everyday investors alike.
With over 13,000 institutions, hundreds of thousands of retail accounts, and even state governments now tied to MSTR, Bitcoin’s mainstream adoption has never looked more real.
And as more capital flows into passive funds that hold MSTR or Bitcoin ETFs, BTC’s support base gets stronger by the day.
Don’t blink this is how finance changes forever.
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