Swedbank AB, one of the largest banking institutions in Sweden and the Baltic region, has increased its position in Strategy Inc. (MSTR) by 8,278 shares, bringing its total holdings to 90,590 shares.

Strategy, formerly known as MicroStrategy, operates as the market’s most popular vehicle for institutions that want Bitcoin on their balance sheet without actually holding Bitcoin on their balance sheet.

The accumulation timeline

Back in November 2025, Swedbank disclosed holding 79,144 MSTR shares valued at approximately $20 million. By May 2026, the bank had added another 2,852 shares, pushing its total to 82,312. Now, with the latest 8,278-share addition bringing the count to 90,590, the trajectory is unmistakable.

The bank has shown it can move in bigger chunks when it wants to. One prior quarterly filing showed an addition of 19,242 shares in a single Q2 period.