Vanguard Group Inc. had an 8.24% stake as of September 2023, making it the second-largest institutional shareholder in Microstrategy.
Asset manager Vanguard may not be planning to offer Bitcoin exchange-traded funds (ETFs) on its platform, but it still has exposure to the cryptocurrency as it owns and manages a large stake in MicroStrategy (MSTR).
According to data from Yahoo Finance, Vanguard Group held over 1,126 million MSTR stocks as of September 2023, making it the second-largest institutional shareholder in the company, with 8.24% of ownership.
MicroStrategy’s stock is also part of the portfolio of several of Vanguard’s mutual funds, including Vanguard Total Stock Market Index Fund, Vanguard Small-Cap Index Fund, Vanguard Extended Market Index Fund, and Vanguard Small-Cap Growth Index Fund.
