Citigroup just added another 238,538 shares of Strategy (NASDAQ: MSTR) to its portfolio, spending roughly $22 million on the purchase. The move brings Citi’s total position in the Bitcoin treasury company to 961,554 shares, now valued at approximately $90.5 million.
The slow and steady accumulation
This latest buy wasn’t Citi’s first rodeo with Strategy shares. The bank had previously scooped up 723,016 shares valued at around $41.2 million, making this new purchase a meaningful escalation of its existing bet.
Citi also initiated research coverage of MSTR on October 21, 2025, slapping a Buy/High Risk rating on the stock with a price target of $485 per share.
Why Strategy and not just Bitcoin
