According to Wu Blockchain, Bloomberg ETF analyst Eric Balchunas stated that Fundstrat Graniteshot US Large Cap ETF (GRNY), managed by Tom Lee, significantly increased its weighting in MicroStrategy (MSTR) since mid-August. As a result, MSTR rose from being the lowest-weighted stock to the largest holding in GRNY in approximately two weeks. As of September 3, MSTR's weighting was 3.02%, surpassing Robinhood (2.99%), and MSTR's stock price has since risen by approximately 46%.