Bitcoin Skeptic Vanguard Becomes Largest Shareholder in ”Bitcoin Company” Strategy

Vanguard, the US asset management company that has maintained a conservative stance on Bitcoin, has announced that it will close its Strategy Advisors, the company that is the most active holder of Bitcoin.
On the 15th (local time), Cointelegraph cited a document from investment research platform Intel,
NGuard reported that it currently holds more than 20 million shares of Strategic Class A common stock, representing approximately 8% of the company's total shares outstanding.
As a result, Vanguard increased its investment by 26.3% from January to April 2025 to approximately 200,000
The strategy is led by Michael Saylor, who has indirect exposure to more than $23.5 billion worth of Bitcoin.
Vanguard is led by Chairman John Saylor and is known for adopting Bitcoin as the company's primary financial asset.
Although they are still hesitant to use ETFs that directly deal with tocoins, they are looking to use their flagship product, the Vanguard Total Stock Market Index.
The company is currently investing in strategies through various index funds and ETFs, including the 2019 Ethereum Fund. This will ultimately lead to a rise in Bitcoin.
Despite its exposure to Bitcoin, Vanguard's official stance remains close to Bitcoin skepticism, according to Coin.
In May, Vanguard CEO Salim Ramji said in an interview with Bloomberg TV that he was “looking to add Bitcoin to my portfolio.”
When asked if they were willing to offer additional products for customers who wanted to join, they said, "Rather than chasing trends, we want to be a company that is trusted in the long term."
In an interview with ETF.com, CEO Ramsey said, "We are not in the business of betting on speculative assets like Bitcoin," and added, "This is the first time we've seen a cryptocurrency in the last 50 years.
"It does not fit with the investment philosophy we have built over the years," he said.