Vanguard ETF reportedly buys $7.5M in Metaplanet shares

Vanguard's FTSE All-World ex-US Small-Cap ETF (VSS) has reportedly acquired 4.5 million shares in Japanese Bitcoin treasury company Metaplanet, with the position valued at approximately $7.5 million. Vanguard's VSS ETF reportedly acquired 4.5 million Metaplanet shares worth approximately $7.5 million in its first disclosed holding of the Japanese company. Other Vanguard funds, including VGTSX and VJPN, have previously been reported to hold Metaplanet shares. Metaplanet held 44,000 BTC as of September 30 and has continued raising funds to support its Bitcoin treasury strategy. Metaplanet shares closed 0.75% lower at ¥263 on Monday despite reports of Vanguard's investment.

Also reported by ZyCrypto, TronWeekly.

Source: crypto.news