Capital Group’s $1B Investment in Bitcoin Treasuries Expands to $6B

Capital Group has grown its $1 billion investment in Bitcoin-related stocks into more than $6 billion with major holdings in Strategy and Metaplanet. 

Capital Group has spent the last four years betting on Bitcoin treasury firms, with its main investment in a software company turned into a Bitcoin-focused firm by the founder, Michael Saylor.

Strategy Leads Capital Group’s Bitcoin Holdings

Following Strategy’s stock surge by about 2,200% in the last five years, Capital Group’s 12.3% stake purchased in 2021 for $ 500 million and later diluted to 7.89% due to share issuance and some selling, is now worth $6,2 billion.

Inspired by Benjamin Graham and Warren Buffett, Mark Casey, a portfolio manager at Capital Group, led the firm’s move into Bitcoin after carefully analysing these Bitcoin treasury firms the same way they study Gold and Oil companies.

Additionally, Capital Group also owns 5% of Metaplanet, a hotel company in Japan that now holds Bitcoin and owns shares in the mining company Mara Holdings.

Corporate Bitcoin Holdings Surpass 1M BTC

Corporate Bitcoin treasuries now control over 1 million BTC valued at $117 billion. As new players like XXI and Bitcoin Treasury Standard expand rapidly, Michael Saylor’s strategy leads the list with 636,505 BTC, followed by Mara Holdings with over 52,000 BTC, while companies such as Metaplanet, Bullish, and Coinbase complete the Top 10.

Alongside these leads, companies announced new BTC purchases, including a new Dutch firm that bought 1000 BTC after raising 147 million, China-listed CIMG Inc. with 500 BTC, Cipher mining with 195 BTC, and CleanSpark with 124 BTC.

These purchases were part of a bigger trend with  24 companies adding about 8,339 BTC, spread across many firms, showing a growing participation.

In addition, Metaplanet and Semler Scientific disclosed plans to purchase 210,000 BTC and 105,000 BTC, respectively, by 2027.