Isn't it surprising: Even Vanguard "Anti-Bitcoin" is holding Bitcoin!
The cryptocurrency market is witnessing something very interesting: even #Vanguard , the world's second-largest asset management company known for its "anti-Bitcoin" stance, is now one of the largest indirect investors in this asset.
Vanguard's "Interesting Paradox"
Vanguard once declared Bitcoin to be a nascent asset with no intrinsic economic value and unsuitable for long-term investors. However, through an index investing strategy, Vanguard is now holding over 20 million shares of #strategy (formerly MicroStrategy), equivalent to nearly 8% of the shares. This has inadvertently made Vanguard the largest shareholder of Strategy, thus indirectly accessing a large amount of Bitcoin that Strategy is hoarding.
As Eric Balchunas of Bloomberg noted, this is indeed an "interesting paradox." It shows that even the most conservative financial giants cannot stay out of the Bitcoin game, whether directly or indirectly. This event is an extremely optimistic signal, demonstrating the allure and increasingly solid position of Bitcoin in the global financial landscape.