AIMCo scores $69 million paper gain on Strategy bet
AIMCo has bought the dip in Strategy, now holding a $69 million unrealized gain.Summary
Canadian pension giant AIMCo has made a significant return to investing in Strategy (MSTR), Michael Saylor's bitcoin treasury company. After exiting its previous small position in MSTR in September 2020, AIMCo purchased 1,382,000 shares for $172,473,600 in the first quarter, at an average cost of $125 per share. With MSTR's price rising to approximately $175, the investment is now valued at around $241 million, resulting in an unrealized gain of $69 million. AIMCo, which managed over $140 billion as of December 2025, is one of Canada's largest institutional investors. This move highlights a trend where institutional investors, potentially facing restrictions on direct Bitcoin holdings, seek exposure through instruments like Strategy.
(Source：CoinDesk)