- Capital Group has increased its investments in Bitcoin-related stocks from $1 billion to over $6 billion.
- Portfolio manager Mark Casey led the shift, focusing on firms with significant Bitcoin holdings.
- The firm’s largest position is in Strategy (formerly MicroStrategy), which has seen a stock price jump of more than 2,200% in five years.
- Capital Group also owns shares in other Bitcoin treasury companies such as Metaplanet and MARA Holdings.
- Corporate treasuries now hold over 1 million Bitcoin, valued at more than $117 billion.
Capital Group, a 94-year-old mutual fund company, has increased its Bitcoin-related stock holdings from $1 billion to more than $6 billion. The investments were led by portfolio manager Mark Casey, who is known for a value-investing approach and recently became a supporter of Bitcoin.
Much of Capital Group’s exposure comes from buying stakes in public companies that hold significant amounts of Bitcoin on their balance sheets, called Bitcoin treasury companies. According to a recent report, the firm’s biggest position is in Strategy (formerly MicroStrategy), led by Michael Saylor. In 2021, Capital Group acquired a 12.3% stake in Strategy for over $500 million. Although their stake is now reduced to 7.89% because of new share issuances and adjustments, that holding is currently valued at about $6.2 billion after a significant rise in Strategy’s stock over the past five years.
I just love Bitcoin, I just think it is so interesting, Casey said in a podcast interview with venture firm Andreessen Horowitz, as mentioned in a Wall Street Journal report. He added, We view Bitcoin as a commodity, indicating that the firm uses the same analysis for Bitcoin treasuries as it does for companies dealing in Gold or oil.
Beyond Strategy, Capital Group owns around 5% of Japan-based Metaplanet and has shares in mining company MARA Holdings. Metaplanet shifted from hotel operations to focusing on Bitcoin, while MARA is involved in mining the digital asset.
Corporate Bitcoin treasuries worldwide now hold more than 1 million Bitcoin, worth over $117 billion, according to data from BitcoinTreasuries.NET. Strategy is the largest single holder, with 636,505 Bitcoin, followed by MARA Holdings with over 52,000. Other firms, such as XXI and Bitcoin Standard Treasury, are rapidly increasing their Bitcoin reserves. Companies like Metaplanet and Semler Scientific have announced targets to acquire 210,000 and 105,000 Bitcoin, respectively, by 2027.
This rise in corporate Bitcoin holdings reflects growing interest in the cryptocurrency among institutional investors and large companies, as they continue to pursue new targets and strategies in digital assets.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Shiba Inu 2032 Price Prediction: Could SHIB Hit $0.000322?
- Altcoin Additions to Company Treasuries Muddle Crypto Narrative
- $1,000 Invested in XRP in 2014 Now Worth Over $1 Million in 2025
- Pakistan Opens Crypto Market to Global VASPs With New Licensing Rules
- Galaxy Digital Buys 2M+ Solana Tokens as ‘Solana Season’ Begins
