The $10 trillion financial giant increases its exposure to Saylor’s company, contradicting its public stance on Bitcoin.

Asset management firm Vanguard Group has become the largest shareholder in Strategy (formerly MicroStrategy). This move appears somewhat unusual considering that the financial giant had previously described Bitcoin as an “immature asset class” unsuitable for long-term investors.

According to data reported by Bloomberg, through its funds Vanguard now holds 20 million shares of Strategy, representing 8% of the company’s outstanding stock and overtaking Capital Group Cos.

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