SEB Bank increases stake in Strategy to 53,837 shares worth $5M

SEB Asset Management AB, the investment arm of one of Sweden’s largest banks, now holds 53,837 shares of Strategy Inc. (NASDAQ: MSTR) worth approximately $5.28 million. The position represents a roughly 1% increase over its prior holdings, according to the firm’s latest 13F filing with the SEC. Nordic banks are quietly building Bitcoin exposure SEB isn’t the only Scandinavian financial institution adding to its Strategy holdings. Swedbank AB, another major Swedish bank, reported holding 90,590 MSTR shares as of its most recent disclosure. Strategy Inc. is the company formerly known as MicroStrategy. Under Michael Saylor’s leadership, the firm has transformed from an enterprise software company into what is essentially a publicly traded Bitcoin holding company. Strategy now holds more than 800,000 BTC in its corporate treasury, making its stock price a leveraged bet on Bitcoin’s direction. For institutions like SEB, buying MSTR shares solves a very specific problem. They get Bitcoin exposure without the headaches of direct custody, regulatory ambiguity around holding crypto on a bank balance sheet, or the need to build out entirely new infrastructure. The 13F filing process itself i...