TechFlow reported on January 17 that Matthew Sigel, VanEck's Head of Digital Asset Research, accused The New York Times of taking quotes out of context in its reporting on MicroStrategy. Sigel clarified that VanEck actually holds 284,000 shares of MicroStrategy on behalf of clients, ranking among the top 75 holders, and has recently increased its position. The New York Times article cited remarks by VanEck executive Jan van Eck stating "we've stayed away," but failed to clarify that this referred only to VanEck not transforming itself into a corporate treasury holding Bitcoin like MicroStrategy, rather than reflecting any negative view on the company or its stock.
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