Vanguard Group Boosts Investment in Bitcoin-Linked Firm MicroStrategy
According to recent reports from PANews, Vanguard Group’s Information Technology Index Fund ETF has expanded its position in Bitcoin-focused company MicroStrategy. The fund added new shares worth approximately $11.2 million, raising its total holdings to 1.7 million shares, now valued at over $489 million. This move highlights Vanguard’s continued confidence in Bitcoin-related assets through MicroStrategy, which holds one of the largest corporate Bitcoin reserves globally.
