Wu Shuo learned that VanEck Digital Asset Research Director Matthew Sigel issued a statement accusing The New York Times of taking MicroStrategy reports out of context. The report quoted VanEck founder Jan van Eck as saying “we’ve stayed away,” implying a bearish view on MicroStrategy. Sigel clarified that Jan van Eck’s original intention was that VanEck itself would not follow MicroStrategy in converting corporate treasury into Bitcoin, but this does not reflect a view on the company or its stock price. Sigel revealed that VanEck actually holds 284,000 shares of MicroStrategy for clients, ranking among the top 75 largest holders, and has increased its holdings in recent weeks.
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Wu Shuo learned that VanEck Digital Asset Research Director Matthew Sigel issued a statement accusing The New York Times of taking MicroStrategy reports out of context. The report quoted VanEck founder Jan van Eck as saying “we’ve stayed away,” implying a bearish view on MicroStrategy. Sigel clarified that Jan van Eck’s original intention was that VanEck itself would not follow MicroStrategy in converting corporate treasury into Bitcoin, but this does not reflect a view on the company or its stock price. Sigel revealed that VanEck actually holds 284,000 shares of MicroStrategy for clients, ranking among the top 75 largest holders, and has increased its holdings in recent weeks.