According to BitcoinTreasuries.NET, Renaissance Technologies, known as the world’s most profitable hedge fund, disclosed an increase of 422,881 shares in MicroStrategy (MSTR), a Bitcoin treasury company, valued at approximately $40.1 million. Its total holdings now amount to 2.55 million shares, valued at approximately $242.3 million, representing a 20% increase in position.
Renaissance Technologies Adds 422,881 Shares of MicroStrategy (MSTR)
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Summary
Renaissance Technologies, a top-performing hedge fund, added 422,881 shares of MicroStrategy (MSTR), a Bitcoin treasury company, valued at approximately $40.1 million. The firm now holds 2.55 million shares, worth about $242.3 million, representing a 20% increase. Value investing in crypto is gaining momentum as major players adjust their trading strategies.
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