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.
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.