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Vanguard Reveals $50 Million Bitcoin Purchase via Metaplanet

Published by
Sohrab Khawas

Vanguard Group, managing $10 trillion in assets, has increased its investment in Metaplanet by purchasing over $50 million worth of Bitcoin through the treasury company. Vanguard now holds 12.44 million shares in Metaplanet, reflecting growing institutional interest in cryptocurrencies. Metaplanet continues to expand its Bitcoin holdings, positioning itself as one of the largest publicly traded Bitcoin treasury firms worldwide. This move signals a broader acceptance of Bitcoin among traditional financial institutions.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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