Vanguard, one of the largest investment management companies in the world, is now the largest institutional shareholder in the strategy (MSTR) – the company of Michael Saylor best known to adopt Bitcoin as the principal of cash reserve.
According to data from the Intel investment research platform, Vanguard has accumulated more than 20 million MSTR shares, which represents around 8% of class A class A class A shares. Participation gives an indirect exposure to Vanguard to more than 200,000 Bitcoin (BTC) which held the results of the strategy, representing a leap of 26.3% between January and April 2025.
Many Vanguard funds include exposure to the Vanguard Total stock market index, which holds microstrategia as part of its large American allocation on shares. The stock also appears in dozens of common funds of Vanguard placement and funds negotiated on the stock market (ETF) according to average references.
Vanguard is a longtime skeptic of Bitcoin and cryptocurrencies. Although it has become the largest institutional shareholder in Strategy, the company has always warned customers of the volatility of cryptography and, unlike competitors, refused to offer access to Bitcoin ETF.
Vanguard always lowering despite the success of Ibit
Over the years, Vanguard has been one of the largest bitcoins and crypto in traditional finance. And despite his exhibition to the strategy, this attitude does not seem to change.
In an interview with Bloomberg TV in May, the CEO of Vanguard Salim Ramji was invited to know if the company would welcome a customer who wanted to add Bitcoin to his wallet. He refused, stressing that Vanguard is not “taken in the last mode, but we are reliable in the long term”.
In relation: The bag strategy still $ 472 million in BTC while Bitcoin jumps to new heights
In a recent interview with ETF.com, Ramji said that Vanguard was not “making betting on speculative assets like Bitcoin”, adding: “It is simply not in line with the investment philosophy that we have built over 50 years.”
Meanwhile, the Director of BlackRock active ingredients saw his ETF Ishares Bitcoin Trust (IBIT) quickly become the most profitable FNB of the company. According to Bloomberg Senior ETF Analyst Eric Balchunas, it is on the right track to reach $ 100 billion in management in management in the coming months.
I wrote the last week $ Ibit could reach $ 100 billion this summer, but hell could be this month. Thx with recent flows + rally overnight, it is already $ 88 billion. At just 1.5 years old, it is now 20th larger in the United States, 7th larger for BlackRock (and their most profitable ETF). Unrefined-cran. pic.twitter.com/r5flwkse7j
– Eric Balchunas (@ericbalchunas) July 14, 2025
“God has a sense of humor”
The unexpected exhibition of Vanguard to Bitcoin highlighted the quirks of passive investment.
Bloomberg ETF analyst Eric Balchunas has summed it up: “When you have an independent fund, you must have all the actions, for the better or for the worst – and that includes the actions you do not like or may not approve personally.” He added that Vanguard’s disproportionate exposure to the strategy, a company synonymous with Bitcoin maximalism, recalls that “God has a sense of humor”.
The fact that Vanguard is now the largest shareholder in $ Mstr is proof that God has a sense of humor, or at least it was my reaction to @Vildanahajric who wrote history on this subject today pic.twitter.com/tlg4iqt3kq
– Eric Balchunas (@ericbalchunas) July 14, 2025
Review: Pakistan will deploy the Bitcoin reserve in Defi for the yield, explains Bilal Bin Saqib
