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Vanguard increases stake in bitcoin treasury strategy firm Strive

Vanguard has increased its stake in Strive Asset Management, a company pursuing a bitcoin treasury strategy. U.Today reported that Vanguard Total Stock Market Index Fund added 269,200 shares, expanding the holding to about $3.2 million. The fund’s total Strive holding rose to 1.98 million shares, valued at about $23.7 million. Market participants view the move as a sign of wider bitcoin exposure in traditional capital markets.