Amundi, Europe's largest asset manager, increased its stake in MicroStrategy by approximately 44% during the third quarter. According to a Form 13F filing from November 6, the firm held 1,903,725 shares as of September 30, valued at $291.4 million.
The new position represents an increase of 579,672 shares compared to the 1,324,053 shares reported on June 30, which were then valued at $115.1 million. Amundi managed €2.579 trillion in assets at the end of September.
MicroStrategy continues to expand its bitcoin holdings, recently acquiring 1,036 BTC for $81.9 million at an average price of $79,012. The company now holds 850,364 BTC, acquired for a total of $64.16 billion at an average cost of $75,456 per coin.
Barclays also increased its exposure to bitcoin-related assets in the third quarter. A November 6 filing shows the bank held 3,942,900 shares of BlackRock’s iShares Bitcoin Trust, valued at $186.7 million as of September 30, a 48% increase from the previous quarter.
