Canadian pension fund AIMCo buys $219M in MSTR shares, marking its first Bitcoin treasury investment.

Alberta Investment Management Corporation (AIMCo), managing $142 billion in assets, purchased 1.38 million shares of MicroStrategy (MSTR) worth about $219 million, marking its first investment in a Bitcoin-focused treasury company. This move comes as MSTR stock gained 33% in April after eight months of decline, and the company's Bitcoin reserves reached 818,334 BTC, slightly ahead of BlackRock's holdings. Despite a 91% drop in weekly Bitcoin purchases due to funding changes, Strategy Inc. is expected to continue accumulating Bitcoin. AIMCo's entry highlights growing institutional interest in Bitcoin treasury corporations amid improving market sentiment.