Wu Blockchain (@WuBlockchain): Tom Lee-Managed GRNY ETF Makes MSTR Its Largest Holding Ahead of 46% Rally
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- MSTR+85Positive
Tom Lee-Managed GRNY ETF Makes MSTR Its Largest Holding Ahead of 46% Rally Bloomberg ETF analyst Eric Balchunas said the Fundstrat Granny Shots US Large Cap ETF (GRNY), managed by BitMine Chairman Tom Lee, sharply increased its position in Strategy (MSTR) starting in mid-August, taking MSTR from the fund’s smallest holding to its largest in roughly two weeks. As of September 3, MSTR accounted for about 3.02% of the portfolio, surpassing Robinhood at 2.99%. Balchunas noted that the accumulation took place before MSTR subsequently rallied about 46%.