Goldman Sachs Pours $386M into Strategy Inc. Shares

Goldman Sachs has significantly increased its stake in Strategy Inc., the company formerly known as MicroStrategy, by purchasing $386 million worth of shares. This brings Goldman's total position to $558 million.

The bank accumulated approximately 2.33 million shares of Strategy Inc. through buying roughly 237,874 shares in the fourth quarter of 2025 alone, according to 13F filings.

Strategy funds its Bitcoin purchases primarily through equity offerings and convertible notes, a capital-raising playbook it has run since 2020. When Goldman buys Strategy shares, it is effectively financing that machine, and betting that the machine keeps working.