Odaily Planet Daily News: Vanguard Group’s value index fund (VVIAX) purchased 1.23 million shares of MicroStrategy (MSTR) stock for $202.5 million. This is the fund’s first investment in a company that holds 687,410 BTC. Previously, Vanguard Group’s mid-cap stock index fund (VMCIX) bought 2.91 million shares of the company, worth $505 million, when MicroStrategy reached the mid-cap benchmark. Market opinions vary on this; some see it as traditional finance’s acceptance of crypto assets, while others argue it is merely routine index tracking behavior by this $12 trillion asset manager, not active investing. (Coinpedia)
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