Renaissance Technologies purchased an additional 422,881 shares of Strategy for approximately $40.1 million, representing a 20% increase in its existing position. The quantitative fund now holds roughly 2.55 million shares of the Bitcoin-focused company, valued at approximately $248 million. This acquisition follows a 123% position increase in Q1 2026, indicating sustained accumulation. Strategy, led by Michael Saylor, has transformed from a software company into a Bitcoin treasury vehicle. The investment represents an equity position only, with no direct Bitcoin token purchases involved.
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