TB Alternative Assets acquired 126,000 shares of Strategy for $40.6 million, representing 6.1% of its 13F AUM. The new holding ranks as the fund’s 5th-largest position by value as of September 30, 2025.

Hedge fund TB Alternative Assets disclosed a new position in Strategy, formerly MicroStrategy, with 126,000 shares worth $40.6 million. The stock is now one of the fund’s top five holdings, with shares priced at $283.84 as of October 16, 2025.

TB Alternative Assets’ investment in Strategy represents 6.1% of its U.S. equity AUM. The fund’s top holdings include META, GOOG, INTC, PDD, and MSTR, with shares of Strategy up 34.3% over the past year.

Strategy provides enterprise analytics solutions to large organizations, generating revenue through software licensing, support services, consulting, and education offerings. The company serves various industries and was the first publicly-traded company to buy Bitcoin.

TB Alternative Assets’ investment in Strategy is significant as the company is now more focused on cryptocurrency. Strategy holds 3% of all Bitcoin in existence and has assets totaling $64.8 billion, mainly in digital assets.

For investors seeking exposure to Bitcoin, Strategy offers a unique investment opportunity. With the stock down from its peak, now may be a good time to buy. The company’s fortunes are tied to Bitcoin’s value rather than its software products.

Read more at Nasdaq: Is Strategy a Buy After Hedge Fund TB Alternative Assets Initiated a Position in the Stock?