Amundi, managing $2.9T, hikes its Strategy stake by 148% to 1.32M shares.

Amundi, managing $2.9T, hikes its Strategy stake by 148% to 1.32M shares.

Amundi, one of Europe's largest asset managers, significantly increased its position in Strategy (formerly MicroStrategy), a company known for holding Bitcoin. This signals growing institutional confidence in the firm and indirectly in Bitcoin.

What happened

Amundi, which manages $2.9 trillion in assets, increased its Strategy stake by 148% to 1.32 million shares, according to a market news roundup. The position change is one of several institutional and policy-related headlines in the latest digest.

Why it matters for the market

Binance Wallet has launched Stock Hub, a stock-focused center. Wintermute plans to invest about $1 billion over the next five years in high-frequency trading and AI data centers, while also expanding into traditional financial markets.

Ravencoin dropped to an all-time low after an attack tied to a consensus vulnerability, with recent transactions facing around three days of chain reorganization risk. Separately, Norway's sovereign wealth fund CEO said the fund's investment in SpaceX (SPCX.O) is broadly consistent with its index weight.

In venture and regulatory news, Entravel completed a $7.5 million funding round co-led by Ethereal Ventures and Finality Capital. Lovable raised $400 million in a Series C, doubling its valuation to $13.3 billion. South Korea will require new investors in single-leveraged ETFs to complete simulated trading exercises.

What traders should watch

On the policy front, the deadline for a US-Iran memorandum of understanding could be extended, and Trump is reportedly considering linking capital gains tax to inflation, with the home-sales exemption potentially expanding to $2 million. For intraday traders, the mix of a live altcoin chain-reorganization risk, policy speculation, and continued institutional moves suggests elevated sensitivity across crypto and macro-sensitive assets.

#BTC#asset-management#bitcoin#institutional-adoption#strategy
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