Home Saudi-Linked Bank Raises Strategy Holdings 53% Amid Bitcoin Recovery

Saudi-Linked Bank Raises Strategy Holdings 53% Amid Bitcoin Recovery

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Saudi-Linked Bank Raises Strategy Holdings 53% Amid Bitcoin Recovery
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Gulf International Bank has increased its investment in Strategy by 53%, indicating that large institutions remain interested in Bitcoin-linked stocks.

A recent regulatory filing showed that the bank’s UK branch increased its Strategy holdings to 20,207 shares, valued at about $3.76 million. This comes as more traditional financial institutions look for indirect ways to invest in Bitcoin through public companies.

Strategy, led by Bitcoin supporter Michael Saylor, is now among the world’s largest corporate holders of Bitcoin. Many investors see the company’s shares as a way to gain Bitcoin exposure due to its large crypto holdings.

The filing also brought new attention to the growing interest from Saudi-linked financial groups in Bitcoin-related investments. Earlier reports showed the Saudi Central Bank already owned shares in Strategy, adding to speculation about more institutional acceptance of digital assets in the Gulf region.

Strategy now holds over 818,000 Bitcoin, bought at an average price of $75,537. The company recently reported a huge $12.54 billion loss for the quarter after Bitcoin prices dropped sharply in early 2026. But Bitcoin’s recent rise above $80,000 has improved the outlook for the company’s finances.

Despite recent ups and downs, Strategy shares are still up about 20% this year as more big investors look for Bitcoin exposure through public markets.

Gulf International Bank’s latest investment shows that government-linked institutions are looking more at crypto-linked stocks as part of their broader plans to diversify.

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