PANews reported on July 15 that according to The Block, although Vanguard Group has publicly criticized Bitcoin as an "immature asset" and unsuitable for long-term investors, this giant with $10 trillion in assets under management has become a major shareholder of Strategy (formerly MicroStrategy) through its funds, holding 20 million shares, accounting for 8% of the outstanding shares. Vanguard Group is likely to surpass Capital Group in the fourth quarter and become the largest shareholder of Strategy. Strategy, co-founded by Michael Saylor, is a major holder of Bitcoin. The company has recently purchased 4,225 Bitcoins, and its total holdings have reached 601,550.