VanEck Refutes NYT Misrepresentation: Not Bearish on Strategy, Recently Increased Stake

VanEck Responds to NYT Report Controversy

Recently, asset management firm VanEck addressed the controversy sparked by a report in The New York Times. Matthew Sigel, Head of Digital Assets Research at VanEck, took to X to clarify that the publication misrepresented the company’s stance.

Setting the Record Straight

The article claimed CEO Jan van Eck was distancing the firm from bitcoin treasury company Strategy. However, Sigel pointed out that what van Eck actually said was that VanEck wouldn't be pursuing a DAT strategy — not a rejection of Strategy or its stock price.

Actions Speak Louder Than Words

In reality, VanEck currently holds 284,000 shares of Strategy on behalf of clients, placing it comfortably among the top 75 shareholders. Even more telling, the firm has added to its position in recent weeks, demonstrating continued confidence in the company.

• VanEck never expressed a bearish view on Strategy
• NYT mischaracterized VanEck's strategic positioning
• VanEck has actually increased its holdings recently