Vanguard Becomes Largest MicroStrategy Shareholder Despite Previous Bitcoin Skepticism

On July 15, Vanguard Group emerged as the predominant shareholder of MicroStrategy, marking a significant shift in its investment stance. Previously critical of Bitcoin, labeling it an “immature asset class” and unsuitable for long-term portfolios, Vanguard now holds approximately 20 million shares of MicroStrategy, equating to an 8% stake. This positions Vanguard ahead of Capital Group as the largest institutional investor, according to Bloomberg. Managing assets worth $10 trillion, Vanguard’s substantial MicroStrategy holdings underscore a strategic pivot towards exposure in the crypto-related sector, reflecting evolving institutional attitudes within the financial landscape.