Despite Strategy Woes, 12 of 15 MSTR Institutional Holders Added Shares in Q2

Strategy says 12 of its 15 largest institutional holders added to their MSTR positions in the second quarter of 2026. The Q2 13F filings show combined holdings among that group climbed by roughly $700 million.

Strategy released the data to show that big investors still trust its stock. The company built its reputation on a "never sell Bitcoin" pledge, and it broke that pledge this year.

MSTR Institutional Holders Keep Buying

Capital International Investors remains the largest holder. It added $346 million, lifting its stake to $3.49 billion, or 9.4% of shares outstanding.

Vanguard's two largest entities added a combined $147 million. BlackRock Institutional Trust grew its position by $84 million, and Goldman Sachs nearly quadrupled its stake to $555 million.

However, three holders pulled back. Capital Research Global Investors cut $462 million, the largest reduction in the group, and UBS Financial Services trimmed $142 million.

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