With 7.6% of Michael Saylor, leader of MicroStrategy, under its control, Vanguard Group Inc indirectly holds $1.2 billion in Bitcoin, revealing an unexpected impact in the sector.
Let’s see below all the details.
Vanguard’s indirect control over Bitcoin through MicroStrategy
As anticipated, in the crypto and Bitcoin world, the influence of Vanguard Group Inc is becoming increasingly important.
With a 7.6% stake in Michael Saylor, the CEO of MicroStrategy, Vanguard indirectly controls 193,000 Bitcoins, equivalent to 11 billion dollars. This connection makes Vanguard a silent but significant player in the crypto space.
BIG BREAKING
Vanguard Group Inc Owns 7.6% of Micheal Saylor lead MicroStrategy which owns 193,000 #Bitcoin Worth $11 Billion USDT
This means Vanguard Group Inc indirectly owns $1.2 Billion Worth of $BTC .
Via @bitcoinlfgo pic.twitter.com/6zW5bRHJ5l
— BITCOINLFG® (@bitcoinlfgo) March 3, 2024
The fact of seeing a traditional financial giant owning a
We współpracy z: https://en.cryptonomist.ch/2024/03/04/the-influence-of-vanguard-in-the-bitcoin-world-the-stakes-in-microstrategy/
