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DekaBank picks up $15.2 million in shares of Bitcoin treasury firm Strategy

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The German asset manager disclosed its first position in Strategy, picking up 104,921 shares as it expands into crypto services.

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Summary

DekaBank has taken its first stake in Strategy, the company better known for owning Bitcoin than for making software. For a lender majority-owned by German savings banks, that is a notable move. The position covers 104,921 shares of Strategy Inc., which trades on the Nasdaq under the ticker MSTR. That works out to a purchase price of approximately $145 per share.

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