VanEck executives refute The New York Times: Their CEO's comments about Strategy were taken out of context; he actually holds 284,000 shares.
TL;DR
VanEck executives dispute a New York Times report, stating their CEO's comments on Strategy were misinterpreted as bearish. He actually meant they wouldn't follow Strategy's Bitcoin conversion, and VanEck holds 284,000 shares for clients.
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According to Foresight News , Matthew Sigel, head of digital asset research at VanEck, criticized a New York Times report on Strategy for taking things out of context. The report quoted VanEck CEO Jan van Eck as saying, "We've stayed away," implying a bearish view on Strategy. Sigel clarified that van Eck meant VanEck would not follow Strategy's lead in converting its corporate treasury to Bitcoin, but this did not represent his opinion on the company or its stock price. VanEck actually holds 284,000 shares of Strategy stock for its clients and has increased its holdings in recent weeks.