Vanguard Buys 4.5 Million Shares of Japan’s Metaplanet
Uk Jin
Summary
- Vanguard’s small-cap ETF VSS disclosed the purchase of about 4.5 million shares in Japan’s Metaplanet.
- The purchase was worth about $7.5 million, marking the first time VSS has held Metaplanet shares.
- Metaplanet holds Bitcoin (BTC) as a core treasury asset and is pursuing a strategy of steadily buying more Bitcoin.
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Vanguard has bought shares in Metaplanet, a Japanese company that holds Bitcoin as a treasury asset.
According to Bitcoin Treasuries on Oct. 26, Vanguard’s small-cap exchange-traded fund VSS recently disclosed the purchase of about 4.5 million shares in Metaplanet. The purchase was worth about $7.5 million.
This marks the first time Vanguard’s VSS has held Metaplanet shares.
Metaplanet is a Japan-listed company that holds Bitcoin as a core treasury asset. It is pursuing a strategy of steadily increasing its Bitcoin holdings.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.