In a surprising twist from its previous stance, Vanguard Group—the world’s second-largest asset manager—has gained significant indirect exposure to Bitcoin, signaling a potential shift in its long-held skepticism toward the cryptocurrency.
Though Vanguard has historically dismissed Bitcoin as unsuitable for long-term portfolios, recent filings with the U.S. SEC paint a different picture.
The firm now holds over 20 million shares in Strategy Inc., a company known for its massive Bitcoin holdings, currently totaling more than 600,000 BTC. This stake gives Vanguard nearly 8% ownership in the firm and may place it ahead of Capital Group as Strategy’s top institutional investor.
Vanguard has not publicly changed its position on crypto, but the investment suggests a growing willingness to gain Bitcoin exposure through traditional equity routes rather than holding the asset directly.
The timing also aligns with Bitcoin reaching a new all-time high and increasing interest in crypto across legacy finance.
While Vanguard remains silent on its broader crypto strategy, its move could mark the beginning of a larger trend—where Wall Street giants gain footholds in the digital asset market without abandoning their traditional models.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/vanguard-quietly-becomes-major-indirect-bitcoin-holder/