The Ohio State Fund has made a significant investment in Strategy Inc. (MSTR), purchasing an additional 5,881 shares worth over $1 million. This move brings the fund's total stake in MSTR to 93,570 shares, valued at approximately $16 million.
According to recent filings, the Ohio State Fund has been gradually increasing its investment in Strategy, despite market fluctuations in crypto-related stocks. The fund's decision to boost its holdings in MSTR comes amid renewed focus on the company's Bitcoin buying strategy.
Strategy Inc., led by Michael Saylor, has been actively acquiring Bitcoin in recent weeks. On Monday, April 27, the company announced a fresh $255 million BTC acquisition, bringing its total Bitcoin holdings to over $4.5 billion.