Alberta Investment Management Corporation (AIMCo), one of Canada’s leading institutional investors, announced that it made a serious investment in Strategy shares with its 13F reporting in the first quarter of the year. The institution added a total of 1 million 382 thousand Strategy (MSTR) shares to its portfolio for 172 million 473 thousand 600 dollars. Thus, the shares were purchased at an average price of 125 dollars each.
Details of MSTR Investment
MSTR shares rose to around $175 after AIMCo’s buy. Thus, the current market value of this position of the company reached approximately 241 million dollars. With the resulting increase in value, the fund’s unrealized gain increased to approximately 69 million dollars.
As of December 2025, AIMCo manages public sector pension funds in the province of Alberta and has assets of over $140 billion. With this scale, it is among the largest institutional investors in Canada. The fund’s name comes to the fore, especially with major corporate movements, due to the volume of assets it manages.
Past MSTR Position
AIMCo first had MSTR in its portfolio between late 2019 and mid-2020, according to FactSet data. It was stated that he owned approximately 198 thousand MSTR shares at that time and closed his entire position in September 2020. This selling decision came right after Strategy CEO Michael Saylor changed the company’s strategy and included Bitcoin in its corporate treasury.
Bitcoin Obstacle for Institutional Investors
In some countries, institutional investors cannot purchase Bitcoin directly due to certain legal and regulatory hurdles. Therefore, they choose to invest in cryptocurrencies indirectly through financial products linked to Bitcoin. Investment tools such as Strategy or BlackRock’s IBIT product provide an alternative, especially for funds that face such restrictions.
Within the scope of the regulations brought by the SEC, form 13F in the USA; It is required to be disclosed each quarter by all institutional funds investing $100 million or more in U.S. equities. Providing transparency through such reports allows AIMCo to make its positions known to the public.
AIMCo has made an indirect investment through Bitcoin-based company shares in the past period; It was emphasized that the legal obstacles encountered in direct access to crypto money pushed institutional investors to look for alternative ways.
In the investment world, MSTR and similar products are seen as important examples of how digital assets are valued in regulation-focused markets such as the United States and Canada. The fact that funds turn to such products draws attention in terms of both legal compliance and portfolio diversity.
AIMCo, which is based in Alberta and manages various social resources, including public pension funds, has once again shown that it can achieve high profits in a short time with the large positions it has taken. The institution’s latest move shows that institutional actors continue to be interested in crypto markets.
