BNY Mellon Increases Strive Stake by 39% to 257,700 Shares

According to 深潮 TechFlow, on November 12, Bitcoin treasury data platform Bitcoin Treasuries said on X that BNY Mellon, with approximately $2.2 trillion in assets under management, disclosed in its latest filing that its stake in Bitcoin treasury company Strive ($ASST) increased by 39%, with total holdings reaching 257,718 shares, valued at approximately $5.78 million on a disclosed basis.

Based on the above figures, the implied cost per share after the increase was about $22.40, and this round of buying added about 72,000 shares. BNY Mellon is the oldest bank in the United States, and the platform described the position increase as 'the oldest U.S. bank increasing its Bitcoin exposure through a treasury company.'

Earlier the same day, Bitcoin Treasuries also disclosed that Fidelity increased its Strive stake by 2.35 million shares, bringing its holdings to 12.24 million shares (about $265.3 million); Strive's latest 8-K filing showed it holds 43,153 Bitcoin. The above shareholding data come from institutional self-disclosures and have not yet been reconciled with 13F/13G filings.

Source: 深潮 TechFlow