VanEck's Head of Digital Asset Research, Matthew Sigel, has criticized a New York Times article for allegedly misrepresenting the firm's stance on MicroStrategy. The article quoted VanEck founder Jan van Eck as saying "We’ve stayed away," suggesting a bearish outlook on MicroStrategy. Sigel clarified that Jan van Eck's comment referred to VanEck's decision not to emulate MicroStrategy's strategy of converting corporate treasury into Bitcoin, rather than expressing a view on the company or its stock price. Sigel further disclosed that VanEck holds 284,000 shares of MicroStrategy for its clients, ranking among the top 75 shareholders, and has recently increased its holdings.
VanEck Refutes New York Times Report on MicroStrategy Stance
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