๐คฏ Vanguard, one of the worldโs largest asset managers and a long-time crypto skeptic, now holds over 20 million shares in Strategy โ the top public company holding Bitcoin.
Hereโs the twist:
๐ Vanguard has publicly criticized Bitcoin and avoided the ETF market
๐ But its index fund investments made it the biggest shareholder in Strategy
๐ผ Strategy owns billions in BTC, making this a major indirect crypto exposure
๐ง Analysts believe Vanguard may eventually soften its anti-Bitcoin stance
While Vanguard sticks to its traditional playbook of stocks, bonds, and cash, the market might just be nudging it closer to the Bitcoin future. Ironic? Strategic? Maybe both. ๐
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