Vanguard Group Increases Bitcoin Exposure with $195M MSTR Investment
- Vanguard’s Mid-Cap Value ETF (VOE) purchased an additional 1,210,422 shares of MSTR worth approximately $195 million.
- The ETF’s total holdings in MSTR have increased from 832,846 to over 2 million shares.
- MSTR now represents a weight of approximately 0.73% in the Vanguard ETF portfolio.
- On April 20, Strategy announced it acquired an additional 34,164 BTC for $2.54 billion at an average price of $74,395 per Bitcoin.
- Strategy reported a year-to-date BTC yield of 9.5%, with total gains reaching $4.97 billion for the year.
- Despite these developments, MSTR stock fell by 0.77% to $165.24 during intraday trading on April 20.
The increase in Vanguard’s investment highlights growing institutional interest in Bitcoin-linked equities as companies like Strategy expand their cryptocurrency holdings significantly.
Following Vanguard’s acquisition, its VOE ETF now holds over $254 million in MSTR stock and continues to reflect the ongoing trend towards Bitcoin investments by major financial institutions.(Source)
