Vanguard, known for its skepticism towards cryptocurrencies, has become the largest shareholder of MicroStrategy, marking a significant shift for the company and the Bitcoin market.
Vanguard and Its Stake in MicroStrategy
As of July 2025, Vanguard holds over 20 million shares of MicroStrategy following the company’s addition to the Nasdaq 100. This indicates a notable shift in strategy, increasing Vanguard's exposure to the Bitcoin market through indirect investing.
MicroStrategy's Influence on the Bitcoin Market
Under the leadership of Executive Chairman Michael Saylor, MicroStrategy has amassed a significant portfolio of over 601,550 BTC. Vanguard's shares in MicroStrategy contribute to corporate backing for Bitcoin, exerting a positive influence on the company's stock prices.
Broader Implications for the Cryptocurrency Market
Vanguard's acquisition of shares could lead to shifts in institutional perspectives and potential evolution of strategies for other companies in the cryptocurrency space. This event may significantly impact regulation and the integration of cryptocurrencies into the broader financial context.
Thus, with Vanguard becoming the largest shareholder of MicroStrategy, significant changes may arise in the perception of cryptocurrencies and strategies of market participants in the future.
