Canadian pension giant AIMCo buys the dip in Strategy, now sitting on $69 million unrealized gain

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Canadian pension giant AIMCo buys the dip in Strategy, now sitting on $69 million unrealized gain AIMCo returns to Michael Saylor's bitcoin treasury company years after exiting, now sitting on a sizable unrealized gain. By James Van Straten | Edited by Stephen Alpher May 1, 2026, 5:40 p.m. 1 min read Make preferred on What to know : A 13F filing shows AIMCo purchased 1.38 million shares of Strategy for $172.5 million in the first quarter, with the stake now valued at roughly $241 million, implying an unrealized gain of about $69 million. AIMCo previously held MSTR between 2019 and 2020, exiting the position in September 2020, shortly after the company’s pivot to Bitcoin. Alberta Investment Management Corporation (AIMCo), according to its first quarter 13F filing, purchased 1,382,000 shares of Strategy (MSTR) for $172,473,600. This implies an average cost of about $125 per share. With MSTR having rallied to about $175, that position would now be valued at roughly $241 million, representing an unrealized gain of about $69 million. As of December 2025, AIMCo managed more than $140 billion on behalf of Alberta’s public sector pension plans, making it one of Canada’s largest institutional investors. A 13F is a quarterly filing required by the SEC for institutional investment managers with over $100 million in U.S. equity holdings, disclosing their positions at the end of each quarter. According to FactSet, AIMCo previously held a small position in MSTR between late 2019 and mid 2020, around 198,000 shares. The fund exited the position entirely in September 2020, shortly after CEO Michael Saylor pivoted the company toward Bitcoin as a corporate treasury asset in August 2020. Alberta Investment Management MSTR Position (FactSet) In certain jurisdictions, institutional investors may face restrictions on directly holding Bitcoin, leading them to seek alternative exposure through instruments such as Strategy or BlackRock’s IBIT. Bitcoin News MicroStrategy More For You Bitcoin takes another aim at $80,000 as stocks rise, oil drops on Iran optimism By Helene Braun | Edited by Nikhilesh De 2 hours ago The crypto asset rose nearly 3% over the past 24 hours. What to know : Bitcoin rose nearly 3% over the past 24 hours to about $78,700, extending gains as U.S. markets opened and risk appetite improved. Traders are watching whether bitcoin can decisively break above the $80,000 level, which many view as a key threshold that could attract new buyers. Oil prices edged lower... Read full story Latest Crypto News A new narrative for bitcoin that will last 7 minutes ago Tether posts $1.04 billion Q1 profit, reaches $8.23 billion reserve buffer 1 hour ago AI agent forms its own company, gets ready to trade crypto 2 hours ago Bitcoin takes another aim at $80,000 as stocks rise, oil drops on Iran optimism 2 hours ago Institutional demand to drive bitcoin market cap to $16 trillion by 2030: Ark Invest 4 hours ago CoinDesk 20 performance update: Bittensor (TAO) gains 5.5%, leading index higher 4 hours ago Top Stories SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse 6 hours ago Strategy keeps STRC dividend at 11.5% as stock logs first monthly gain in nine 10 hours ago Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge 9 hours ago Bitcoin bounces as big tech earnings fuel optimism; short-term pressures remain 6 hours ago U.S. senators won't be weighing in on prediction markets bets after banning themselves 19 hours ago