Bank of Canada Doubles Strategy Stake to 1.2M Shares Worth $116M

Systemically important Bank of Canada more than doubled its position in Strategy, acquiring 1.2 million shares valued at $116 million.

Woofun AI reports that the Bank of Canada has expanded its equity position in Strategy, a Bitcoin Treasury firm, to 1.2 million shares. The total value of this holding stands at $116 million, representing a more than twofold increase from its previous stake. As a systemically important financial institution, the central bank's move signals significant institutional engagement with corporate Bitcoin treasury strategies.