PANews reported on July 15 that according to The Block, although Vanguard has publicly criticized Bitcoin as an "immature asset" unsuitable for long-term investors, this asset management giant with $10 trillion in assets has become a major shareholder of Strategy (formerly MicroStrategy) through its funds, holding 20 million shares, which accounts for 8% of the circulating shares. Vanguard is likely to surpass Capital Group in the fourth quarter and become Strategy's largest shareholder. Strategy, co-founded by Michael Saylor, is a major Bitcoin holder, and the company has recently purchased 4,225 bitcoins, with a total holding of 601,550 bitcoins.
Bitcoin skeptic Vanguard Group becomes Strategy's largest shareholder, holding more than 20 million shares
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