Loading IndicatorLoading Indicator

Vanguard Buys 4.5 Million Shares of Japan’s Metaplanet

Source
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.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator

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.

#Crypto Treasury Strategy
Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.

What do you think about this news?

‌
‌
‌
‌
‌
‌
‌

PiCK News

‌
‌
‌
‌
‌

Hashtag News

‌
‌
‌
‌