AIMCo Returns to Michael Saylor's Strategy, Holds $69M Unrealized Gain

CryptoFrontier
BTC1.19%

Canadian pension giant AIMCo has returned to investing in Strategy, Michael Saylor’s bitcoin treasury company, after previously exiting the investment. The fund is now sitting on a $69 million unrealized gain from its current position.

AIMCo’s Strategy Position

AIMCo’s renewed investment in Strategy marks a reversal of its earlier decision to exit the company. The Alberta Investment Management Corporation, which manages pension assets for public sector employees in Alberta, has built a sizable position that reflects current market valuation of its holdings.

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Comment
0/400
SudoSoulvip
· 4h ago
The pension funds have all been recovered, indicating that institutions truly believe the bottom has been reached.
View OriginalReply0
On-ChainSoilAfterTheRainvip
· 4h ago
Last time I left and now I’m back, institutions are still chasing gains and selling off on dips.
View OriginalReply0
QuietRabbitInTheWoodsvip
· 4h ago
69M unrealized profit, this number is quite lucky, Saylor is about to tweet again
View OriginalReply0