VanEck responds to inaccurate report by The New York Times: They are not bearish on Strategy and have increased their holdings in the company in recen...
TL;DR
VanEck clarifies a New York Times report misinterpretation, stating they are not bearish on Strategy and have increased their holdings, holding 284,000 shares for clients.
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On January 17th, PANews reported that Matthew Sigel, Head of Digital Asset Research at digital asset management firm VanEck, clarified a misinterpretation of a New York Times report in an article published on the X platform. He stated that the New York Times published an article attacking Bitcoin treasury company Strategy, claiming that VanEck CEO Jan van Eck stated he had "always kept his distance from Strategy." However, Jan van Eck was actually expressing that VanEck would not be adopting a DAT strategy for the time being, not his opinion on Strategy or its stock price, and certainly not a bearish view on Strategy. Currently, VanEck holds 284,000 shares of Strategy on behalf of clients, consistently ranking among the top 75 in Strategy's stock holdings, and has increased its holdings in recent weeks.