Germany’s DekaBank discloses first holding of 104,921 Strategy shares
Germany’s fourth-largest asset manager, DekaBank, disclosed a holding of 104,921 shares in Bitcoin treasury company Strategy, worth about $15.2 million. Bitcoin Treasuries posted the information on its X account on October 28, 2026.
The shareholding was disclosed through an SEC Form 13F filing, which was submitted on October 27 and reflects holdings as of September 30. The shares are attributed respectively to Deka Investment GmbH and Deka Vermögensmanagement GmbH. As of October 18, Strategy held 848,517 bitcoins.
Original source:
Title: JUST IN: Germany's 4th-largest asset manager DekaBank just disclosed it bought 104,921 shares ($15.2 million) of #Bitcoin treasury company Strategy $MSTR for the first time. Publisher: Bitcoin Treasuries (@BTCtreasuries) Publication date: 2026-10-28 URL: https://x.com/BTCtreasuries/status/2115565521555071142 Source nature: industry media original post Verification status: the full post text and multiple English retellings were actually read for this report (2026-10-29) Supporting content: core data that it disclosed holding 104,921 shares, worth about $15.2 million, and that it is Germany’s fourth-largest asset manager
ABAB AI Insight
DekaBank is the securities services provider for Germany’s savings bank group, and its asset scale places it among the leading players in the German mutual fund market. The 13F filing clearly attributes the Strategy shares to its two asset management subsidiaries rather than to the bank’s own balance sheet. A prior 2024 filing reportedly showed a small MicroStrategy position, and this quarter’s holding expanded significantly.
For European banks, obtaining indirect exposure by holding shares of a Bitcoin treasury company is one way to allocate digital-asset-related risk within the existing securities regulatory framework. This approach keeps funds in the regulated public equity market while avoiding the custody and compliance requirements that come with directly holding spot bitcoin. The Deka group has also launched a retail crypto trading service for savings bank customers during the same period.
The key indicator is whether other European banks or asset managers later show similar Strategy positions in subsequent 13F or equivalent filings, and how this holding’s weight changes within Deka’s assets under management.
ABAB News · Cognitive Law
When an asset manager holds shares of a Bitcoin treasury company through subsidiaries, the filing reflects positions in managed accounts rather than the parent company’s own balance sheet.
Quarterly 13F disclosures reflect positions at the end of the reporting period and do not directly equal purchases executed on the disclosure date or on a single trading day.