Canadian pension giant AIMCo takes advantage of the Strategy, with an unrealized gain of about 69 million dollars

The Canadian asset management firm Alberta Investment Management Corporation (AIMCo) disclosed that it purchased approximately 1.38 million shares of Strategy (MSTR) in the first quarter, with an investment amount of about 172 million USD. Based on the current share price of approximately 175 USD, the market value of this position has risen to about 241 million USD, with an unrealized gain of approximately 69 million USD. AIMCo's average cost basis is about 125 USD per share. AIMCo previously held shares of the company from 2019 to 2020 and liquidated its position shortly after the company shifted to a Bitcoin reserve strategy.