Vanguard, As The Largest Shareholder In Strategy…“10 Trillion Dollar Asset Management Firm Also Indirectly Bets On BTC”

The global asset management company Vanguard Group, which manages assets over 10 trillion dollars, has risen as the largest shareholder of the Bitcoin-holding specialty firm MicroStrategy (MSTR). Ironically, Vanguard is known as a representative skeptic that has officially defined Bitcoin as an "immature asset class unsuitable for long-term investors."

According to Bloomberg, Vanguard became the largest shareholder of MicroStrategy as of the 13th, which indirectly means a large-scale investment in Bitcoin. MicroStrategy currently holds a total of 601,550 BTC with an average purchase price of 71,268 dollars per 1 BTC.

The industry interprets Vanguard's move as a "strategy of indirect investment through companies with high profitability and growth potential, even if not directly purchasing Bitcoin." With the expansion of the Bitcoin spot ETF market, MicroStrategy's corporate value is expected to increase, leading to analysis that Vanguard's approach is, in effect, a bet on the rise of BTC.

The market is also raising the evaluation that this case could be a symbolic turning point in the trend of increasingly exposing traditional financial institutions to cryptocurrency-related investments.