Vanguard’s VSS ETF disclosed a roughly $7.5 million investment in 4.5 million shares of Japanese listed company Metaplanet, giving the fund indirect Bitcoin exposure, according to BlockBeats.
First reported Metaplanet position
The disclosure was described as VSS’s first Metaplanet holding. The report said Vanguard manages about $13 trillion in assets.
Exposure comes through a treasury-stock strategy
Metaplanet has drawn attention for holding Bitcoin as a corporate reserve strategy. The report did not quantify the stake’s Bitcoin exposure or say that Vanguard owns Bitcoin directly; the $7.5 million figure is the reported value of the equity position.