FeesSafety
Pluang+

Vanguard holds $51.5M in Strive shares, gaining Bitcoin exposure passively through index funds.

Market News
29 Oct 2026, 21:23 WIB
Crypto Briefing
View Source
Bullish
Vanguard holds $51.5M in Strive shares, gaining Bitcoin exposure passively through index funds.

Vanguard now owns 1.99 million shares of Strive, a Bitcoin treasury company, valued at $51.5 million through its Total Stock Market Index Fund. This stake is a passive result of index fund mechanics, not an active Bitcoin investment decision. Strive has shifted its business to accumulating Bitcoin, holding about 43,000 BTC, funded by equity offerings. Vanguard's indirect Bitcoin exposure may grow as Strive raises capital and expands, reflecting increasing acceptance of Bitcoin in traditional finance, though risks include share price volatility and dilution.

Vanguard's stake in Bitcoin treasury firm Strive is valued at $51.5 million, representing its passive holding through an index fund. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 30, 2026 01:32 WIB: out of 50 major cryptocurrencies, 24 rose and 25 fell. Notable movers include GRT at Rp399 with a 1-day change of -1.97% and Pluang order activity of 58% Sell / 42% Buy, AXS at Rp17,104 with -1.83% change and 43% Sell / 57% Buy, and COTI at Rp191 with +1.81% change and 18% Sell / 82% Buy activity.

More News

SAP to consolidate North Texas offices in Addison, bringing 1,000 jobs and boosting local tech ecosystem.

SAP to consolidate North Texas offices in Addison, bringing 1,000 jobs and boosting local tech ecosystem.

SAP, a global enterprise software leader, will merge its North Texas operations into a new office in Addison, Texas, relocating about 1,000 employees from Plano and Allen. The new Spectrum Center location will house business operations, software deve...

Market News
Bullish
1 hour ago
Ipsos appoints Mitch Barns as Chairman and CEO for Americas to lead growth strategy.

Ipsos appoints Mitch Barns as Chairman and CEO for Americas to lead growth strategy.

Ipsos has appointed Mitch Barns as Chairman and CEO for the Americas region, effective November 2, 2026. Barns brings extensive leadership experience from his previous roles as Global CEO of Nielsen and CEO of The Opus Group, positioning him to drive...

Company Fundamentals
Bullish
1 hour ago
Alphabet faces slowing Google Search growth and rising risks from AI platforms, despite strong Google Cloud gains.

Alphabet faces slowing Google Search growth and rising risks from AI platforms, despite strong Google Cloud gains.

Alphabet Inc. reported a significant slowdown in Google Search revenue growth to 12% year-over-year in Q3, raising concerns about its market dominance and user engagement as third-party AI platforms increasingly handle search queries. While Google Cl...

Market News
Bearish
4 hours ago
Alkermes expects 18% revenue growth in 3Q26 but sees EPS drop due to high costs, driven by LUMRYZ and pipeline progress.

Alkermes expects 18% revenue growth in 3Q26 but sees EPS drop due to high costs, driven by LUMRYZ and pipeline progress.

Alkermes is projected to report 18% year-over-year revenue growth in 3Q26, reaching $465.1 million, driven by strong commercial momentum of LUMRYZ and a promising neuroscience drug pipeline. However, adjusted earnings per share (EPS) are expected to ...

Company Fundamentals
Neutral
4 hours ago
Google's AI in search reduces ad revenue, threatening Alphabet's core business model.

Google's AI in search reduces ad revenue, threatening Alphabet's core business model.

Alphabet's introduction of AI features in Google Search has led to a surge in query growth but with lower monetization compared to traditional ad-supported searches. This shift worries analysts as Google's dominant search ad revenue, which has driven...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App