BlackRock has increased its ownership stake in Strategy (MSTR) to 5%, amounting to approximately 11.2 million shares, according to a recent 13-G filing. This marks a 0.91% increase from its prior ownership of 4.09% as of September 30, 2024. The filing indicates that BlackRock does not intend to influence or control the company despite holding over 5% of its stock. The announcement follows positive market movements for Strategy's perpetual preferred stock, which is up 5% in pre-market trading after gaining 2% during its Nasdaq debut. Institutional stakeholders like BlackRock are required to disclose shareholdings exceeding 5% within strict timelines based on acquisitions. Meanwhile, Strategy's share performance has shown growth, reflecting investor confidence and market interest.

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