It is rare for anyone to anticipate Vanguard quietly becoming a strategic asset management company worth $10 trillion, currently holding just over 20 million shares of MSTR stock. This is equivalent to nearly 8% of Strategy A class shares. Vanguard Group had previously cautioned that Bitcoin was "immature" and lacked "intrinsic economic value." Now, Vanguard Group finds itself closely linked to Michael Saylor's Bitcoin investment strategy.

据彭博社报道报告先锋集团并非有意支持塞勒的举动。它只是遵循其指数基金规则。当Strategy的股价上涨时,其在公司追踪的指数中的权重也随之上升。结果:先锋集团不得不增持更多股票。
通过其广泛的市场基金,这位资产管理公司最终获得了价值数亿美元的股份。这证明了被动策略如何在意想不到的地方带来主动仓位。
先锋集团首席执行官蒂姆·巴克利曾表示,比特币“可能会对投资组合造成严重破坏”。他认为,这种旗舰加密货币缺乏长期投资者所需的历史和坚实基础。
然而,先锋集团自身跟踪指数权重的记录意味着它无法回避一只正在上涨的股票。无论该基金对比特币的看法如何,规则都迫使它不得不这么做。
