World’s No. 2 Asset Manager Vanguard Buys 4.5 Million Shares of Japan’s Metaplanet
Bloomingbit Newsroom
Summary
- Vanguard, the world’s second-largest asset manager, disclosed that its small-cap ETF VSS bought about 4.5 million shares of Japan’s Metaplanet.
- The Metaplanet share purchase was worth about $7.5 million and marks the first time VSS has held Metaplanet stock.
- Metaplanet holds Bitcoin as a core treasury asset and is pursuing a strategy of continually buying Bitcoin.
Forecast Trend Report by Period
Vanguard has bought shares in Metaplanet, a Japanese company that holds Bitcoin as a treasury asset.
Bitcoin Treasuries said on October 26 that Vanguard’s small-cap exchange-traded fund VSS disclosed a recent purchase of about 4.5 million Metaplanet shares. 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 continually buying Bitcoin.
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