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According to Coinpedia, asset management giant Vanguard's Value Index Fund (VVIAX) purchased 1.23 million shares of MicroStrategy (MSTR), worth approximately $202.5 million. This is the fund's first investment in the company that holds 687,410 bitcoins. Previously, Vanguard's Mid-Cap Fund (VMCIX) also bought 2.91 million shares of MSTR, valued at $505 million, after MSTR reached mid-cap stock benchmarks. Market opinions are divided; some believe this is a sign of traditional finance reaching out to the crypto space, but more viewpoints suggest this may be a routine index tracking operation by the $12 trillion company rather than an active investment bet.