RBC Boosts MSTR Stake by 16% Amid Bitcoin Rally
In Q2 2025, the Royal Bank of Canada (RBC) raised its MicroStrategy (MSTR) holdings by 16%, holding 188,657 shares valued at over $76 million. This move highlights growing institutional investor appetite for Bitcoin-linked equities. MicroStrategy’s stock rose 32% in Q2, mirroring Bitcoin’s 30% surge to a $111,980 peak. On August 18, the company acquired 430 BTC for $51.4 million at $119,666 per coin, funded by preferred stock sales. MicroStrategy now holds 629,376 BTC, acquired at an average price of $73,320, with $26 billion in unrealized profit. Founder Michael Saylor also relaxed the mNAV premium restriction, allowing more flexible share issuance to fund Bitcoin purchases. Under the “42/42 Plan,” MicroStrategy aims to deploy $84 billion into Bitcoin by 2027 through equity and debt offerings. This expansion in MSTR holdings by RBC underlines increasing tradfi confidence in Bitcoin as an asset. It could influence market stability and trading strategies.
Bullish
RBC’s 16% increase in its MSTR stake highlights growing institutional confidence in Bitcoin-linked equities. MicroStrategy’s ongoing BTC accumulation and the relaxation of the mNAV premium rule signal strong demand and enhanced funding flexibility. Historically, major TradFi expansions into crypto assets have driven bullish momentum in both equity and spot markets. In the short term, this news may boost MSTR and BTC trading activity as sentiment improves. Over the long term, sustained institutional engagement could stabilize prices, attract further investment, and reinforce Bitcoin’s role as a strategic asset.