Vanguard is Microsoft’s biggest shareholder. Followed by BlackRock who already has bitcoin exposure. It’s no wonder the vote failed. State Street too - asset managers / ETFs… no surprises.
I'm not following the logic here
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Why buy what you already own?
It would be like all eggs in one basket, they are voting for more diversification.
Vanguard strongly opposes bitcoin. State street probably doesn’t want bitcoin competing with their etfs. Not sure about blackrock
