Vanguard's stake in Bitcoin treasury firm Strive climbs to $51.5 million
- —Vanguard holds 1.99 million Strive shares worth $51.5 million via VTSAX
- —Share count barely changed, but the position's value more than doubled
- —Strive holds about 43,000 BTC, including 6,182 BTC bought for $511 million in October
- —BTC purchases are funded by equity and preferred offerings, risking dilution
Why it matters: Passive funds give traditional investors indirect Bitcoin exposure without launching crypto ETFs.
Source: Crypto Briefing