BNY Mellon Raises Its Strive (ASST) Stake 28% to $7 Million as Monday’s 13F Deadline Nears
By Micah Zimmerman
AI summary of the source article
Bank of New York Mellon raised its stake in Strive by 28% in the third quarter to 237,100 shares valued at $6.97 million. The bank also disclosed holdings in Strategy and BlackRock’s iShares Bitcoin Trust.
Why it matters
The moves serve as "a reminder that traditional managers kept adding bitcoin proxies even as the spot market cooled into the fall."
Key facts
- BNY increased its Strive position by 51,544 shares to 237,100 shares, valued at $6.97 million as of September 30.
- BNY reported holding 1,056,230 shares of Strategy worth $161.7 million and 162,072 shares of iShares Bitcoin Trust worth $7.67 million.
- Strive held 43,153 bitcoin after purchasing 29 additional coins in the week through November 6.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine BNY Mellon Raises Its Strive (ASST) Stake 28% to $7 Million as Monday’s 13F Deadline Nears A Nov. 5 13F shows Bank of New York Mellon held 237,100 Strive shares worth $6.97 million at Sept. 30, up 51,544 shares from June, with other large filers still due Monday. This post BNY Mellon Raises Its Strive (ASST) Stake 28% to $7 Million as Monday’s 13F Deadline Nears first appeared on…