National Bank of Canada Boosts MSTR Stake to $116M

The National Bank of Canada has significantly increased its stake in Strategy Inc., formerly known as MicroStrategy, through its equity position. The bank now holds approximately 1.2 million shares of MSTR, valued at around $116 million.

This marks a notable increase from earlier disclosures, which showed the bank holding nearly 1.47 million shares worth about $273 million in late 2025.

The move suggests growing confidence in Strategy's Bitcoin accumulation thesis and its ability to provide institutional investors with exposure to the cryptocurrency without the operational headaches of directly holding it.