Saudi State-Owned Gulf International Bank Holds 19,842 Strategy Shares Worth $2.3 Million

Gulf International Bank, a Saudi state-owned lender, holds a stake in Strategy valued at about $2.3 million.

BitcoinTreasuries.net data as of Aug. 20 showed the bank owned 19,842 shares of Strategy, worth about $2.27 million at the current share price.

Strategy shares have climbed alongside a surge in Bitcoin. The stock closed at $104.25 on Aug. 19, up 12.68% from the previous session.

In premarket trading on Aug. 20, the shares were trading around $113, up more than 9% from the prior close.