Sumitomo Mitsui Trust Group Holds $96.6M in MicroStrategy

Sumitomo Mitsui Trust Group has disclosed its holding of 606,629 shares in MicroStrategy, now known as Strategy (NASDAQ: MSTR). The Japanese financial institution’s stake is valued at approximately $96.6 million, according to BitcoinTreasuries.NET. This significant investment highlights the group’s interest in companies with substantial Bitcoin holdings, as MicroStrategy is known for its large Bitcoin reserves.