Vanguard Now Strategy’s Largest Backer After Years of Dismissing Bitcoin
2025-07-15 00:43:19
Main Idea
Vanguard, despite its historical skepticism towards Bitcoin, has become the largest shareholder of Strategy Inc. (MicroStrategy), a company heavily invested in Bitcoin, with a $9 billion stake.
Key Points
1. Vanguard holds over 20 million shares of Strategy Inc. (MicroStrategy), valued at approximately $9.26 billion.
2. Vanguard's leadership, including CIO Duncan Burns and CEO Salim Ramji, has consistently expressed skepticism about Bitcoin and ruled out launching a crypto ETF.
3. The investment has drawn criticism for being inconsistent with Vanguard's public stance on Bitcoin.
4. Strategy Inc.'s executive chairman, Michael Saylor, is a prominent Bitcoin advocate, and the company is closely associated with Bitcoin investments.
5. Vanguard is also a major institutional investor in Gamestop Corp., which recently allocated $513 million to Bitcoin as a treasury reserve.
Description
Investment giant Vanguard has stunned markets with a $9 billion stake in bitcoin proxy Strategy Inc., led by Michael Saylor, exposing deep contradictions in its anti-crypto messaging and portfolio reality. Vanguard Becomes Strategy’s Top Holder After Trashing Bitcoin for Years A growing disconnect between institutional messaging and actual portfolio exposure is drawing scrutiny, as major
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