Vanguard Takes the Bitcoin Plunge: Are We All Going Crazy? 🤪
Now, cast your eyes upon the lofty folks at the Vanguard Group Inc., who for years have scorned Bitcoin and the wider world of cryptocurrencies like a cat would a swimming pool. With a modest hoard of around $10 trillion in assets, they once deemed Bitcoin a venture fit only for the foolhardy. But lo and behold, recent whispers from the SEC tell a different tale! In a plot twist that even the best novels couldn’t cook up, Vanguard now holds more than 20 million shares—almost 8 percent of Strategy Inc., the proud owner of 601,550 Bitcoins, as of this very moment.