A U.S. regulatory filing shows State Street Corp. reported $1.2166 billion in Strategy Inc. shares, clarifying that an online claim of equivalent Bitcoin holdings is not a Bitcoin balance disclosed in the record.
The Securities and Exchange Commission filing lists 7,946,663 Strategy Class A shares as of Sept. 30, with a reported value of $1,216,554,639. Rounded, the amount is $1.22 billion. The filing identifies the security as Strategy shares; it does not list a Bitcoin balance for State Street.
In a Nov. 12 post, The Bitcoin Historian (@pete_rizzo_) said State Street had bought more Bitcoin through Strategy shares and put its claimed Bitcoin holdings at $1.22 billion. The filing supports the share count and valuation, but not the post’s characterization of that amount as Bitcoin held.
A Form 13F reports securities over which an investment manager exercises discretion. Securities and Exchange Commission guidance says those reports can include assets in accounts managed for other people. The filing alone does not establish whether the shares were proprietary holdings or held for clients; beneficial ownership is unverified.
State Street’s amended filing for June 30 listed 7,527,561 Strategy shares. By Sept. 30, the reported count had increased by 419,102 shares, or 5.6%. The comparison measures shares listed across the two filings; it does not disclose a Bitcoin balance.
The distinction is relevant when assessing claims about institutional Bitcoin exposure: the $1.22 billion figure in the filing is the reported value of Strategy shares, not a disclosed quantity or balance of Bitcoin. EconoTimes’ earlier coverage of a similar BNY claim noted that the post did not provide a valuation date, comparison period or Bitcoin balance.
