- A new SEC filing shows that RBC’s Bitcoin investment surged to $76M in Q2.
- RBC held 188,657 MSTR shares as of the time of the SEC’s filing.
- Canada’s RBC is one of several institutions adopting crypto-related businesses.
Canada’s largest bank is quietly upping its bet on Bitcoin. A new SEC filing reveals that the Royal Bank of Canada (RBC) increased its holdings in the Bitcoin proxy company, Strategy (MSTR), to $76 million during the second quarter of 2025. That represents a 16% increase from the 162,909 shares it held in the first quarter, reflecting the bank’s growing conviction.
An alignment with Bitcoin’s growth
Notably, RBC’s increased Bitcoin exposure aligns with the cryptocurrency’s period of significant rally. It also happened when Strategy’s shares surged 32%, reaching a milestone value of $404 per share. Data from Yahoo Finance shows that MSTR has maintained a 25% gain year-to-date despite a slight decline early this week.
Related: Strategy (MSTR) Accounts for 77% of ~700K Bitcoin Held by Public Companies
In the meantime, Bitcoin, the underlying cryptocurrency behind RBC’s Strategy investment, surged more than 30% in Q2 2025. Bitcoin reached a $111,980 high in the second quarter before continuing upward to an all-time high of $124,517 in Q3 2025. However, the flagship cryptocurrency experienced a pullback and traded at $115,576 at the time of writing, according to data from TradingView.
More institutions are adopting crypto
RBC, Morgan Stanley, and Bank of America are examples of notable institutions that are focusing on crypto-related businesses. A Bloomberg report earlier in the year cited them as companies motivated by expected growth in IPOs and expected deals in the cryptocurrency sector. The Trump administration’s friendly approach toward crypto has also boosted investors’ confidence and attracted renowned investment firms into the crypto industry.
The US has seen a surge in the number of crypto firms going public, with the likes of Circle, eToro, and Bullish taking the lead. Others, including Gemini, BitGo, Grayscale, and Kraken, are preparing to make their market debuts.
Related: Bitcoin (BTC) Price Prediction for August 20
Bitcoin has recorded an impressive performance since the beginning of Q2 2025. The cryptocurrency surged from $74,434 in the first week of April to reach a record $124,517 as of the second week of August, reflecting a gain of over 67% in four months.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
