Vanguard Ups Its Stake in Bitcoin Treasury Firm Strive
Vanguard, one of the largest asset management companies in the world, has increased its exposure to Bitcoin by buying an additional 269,200 shares of Strive (ASST) through its flagship Vanguard Total Stock Market Index Fund (VTSAX).
This move brings VTSAX's total Strive holdings to approximately 1.98 million shares, valued at roughly $23.7 million based on current market prices.
Strive is a company that holds Bitcoin as its primary treasury reserve asset, providing investors with indirect exposure to Bitcoin's price performance.