Update
Amundi Boosts Strategy (MSTR) Stake 44%
Amundi, Europe's largest asset manager, increased its stake in Strategy (MSTR) by about 44% in the third quarter, raising it to 1,903,725 shares worth $291.4 million at September 30 prices. The position was up 579,672 shares from the 1,324,053 Amundi reported at June 30, when the same holding was valued at about $115.1 million. Strategy shares have since fallen by about 18% from quarter-end, closing at $153.09 on September 30 and near $126 on Monday. Amundi's stake is now near $239 million at the latest close, with Strategy keeping its position in bitcoin, adding 811 BTC in the prior week, which now sits above the spot bitcoin price, leaving the stack underwater on paper.