Capital Group Acquires Significant Stake in Bitcoin Holder Metaplanet
Capital Group, a major investment firm with over $2.3 trillion in assets, has increased its stake in Japan-based Metaplanet, known for its bitcoin treasury strategy similar to that of MicroStrategy.
- Metaplanet holds 1,762 BTC, ranking as the fifteenth-largest publicly traded company in terms of bitcoin holdings.
- The company's share price has risen over 1,700% since adopting its bitcoin strategy in April 2024.
- Capital Group is also the second-largest shareholder in MicroStrategy, owning 18.4 million shares (over 8% stake).
- Michael Saylor, founder of MicroStrategy, holds the largest stake.
- Other significant investors in MicroStrategy include Vanguard Group, Morgan Stanley, and Jane Street Group.