Vanguard Increases Stake in Peter Thiel-Backed Bitcoin Treasury Company Strive
Vanguard's Total Stock Market Index Fund (VTSAX) has increased its stake in Strive, a publicly traded Bitcoin treasury company backed by billionaire investor Peter Thiel. The fund added approximately $23.7 million worth of shares to reach a total position of nearly 1.98 million shares as reported on July 30, 2026. Strive was founded in 2022 and became the first publicly traded asset management company focused on Bitcoin treasuries after acquiring Semler Scientific earlier this year. The firm continues to accumulate Bitcoin despite some peers slowing down their purchases. Recently, Strive added 79 BTC at an average price of $65,723 per coin. Vanguard's move follows its recent hiring announcement for a head of digital assets role on July 6, indicating growing interest in the sector without launching a spot Bitcoin ETF.
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Topics: Bitcoin Institutional Investors Strive Vanguard