According to CoinMeta, during the quarterly rebalancing in August 2026, the GRNY fund managed by Tom Lee increased the holding ratio of MSTR from 0.5% to 3.02%, making it the largest holding in the fund, surpassing Robinhood's 2.99%. During this period, the stock price of MSTR rose by 46%, outperforming Bitcoin's 26% increase. The GRNY fund follows a rule-based investment strategy that combines macro research with quantitative stock selection, and MSTR fits its investment theme due to its exposure to Bitcoin and technology.