Morgan Stanley ups Microstrategy stake by 10.9%. According to filing made with the U.S Securities and Exchange Commission, Morgan Stanley now owns 792,627 shares of MicroStrategy. This brings the firms total ownership in the company best known for holding over $2 billion in bitcoin to 10.9%.
After the end of Q3, the financial giant has raised its stake by almost 650,000 shares. Since the company purchased its first bitcoin (BTC, -1.58 percent) on Aug. 11, 2020, MicroStrategy’s shares have risen 330 percent, growing from $123.80 to $539.57.