Institutions Reduce Exposure to MSTR Amid Bitcoin Stability

According to BlockBeats, several major institutions have actively reduced their exposure to Strategy (MSTR) in the third quarter of 2025, with a decrease amounting to approximately $5.4 billion. During this period, Bitcoin remained stable around $95,000, and MSTR's stock price showed little movement, indicating that the reduction was not due to forced liquidation but rather a deliberate decision by the institutions. Prominent financial entities such as Capital International, Vanguard, BlackRock, and Fidelity have significantly decreased their holdings. This shift suggests that Wall Street is moving away from the traditional approach of using MSTR as a proxy for Bitcoin exposure. Instead, they are opting for more direct and compliant methods of Bitcoin investment, such as spot ETFs and custodial solutions.