logo

Mutual Fund Giant Capital Group's Bitcoin-Related Stock Holdings Soar from $1 Billion to Over $6 Billion

By: theblockbeats.news|2025/09/14 11:52:50

BlockBeats News, September 14th, according to Cointelegraph's report, Capital Group, a mutual fund giant with a 94-year history known for its conservative investment style, has seen its holdings in Bitcoin-related stocks grow from $1 billion to over $6 billion.


According to The Wall Street Journal, Mark Casey, a portfolio manager at Capital Group with 25 years of experience, led the company's foray into Bitcoin. Casey stated that his investment style was deeply influenced by Benjamin Graham and Warren Buffett, but he has now become an advocate for Bitcoin.


Casey said in an interview on the venture capital firm Andreessen Horowitz's podcast: "I just like Bitcoin, I think it's very interesting." He called Bitcoin "one of the coolest things ever created by humanity."


Over the past four years, Capital Group has primarily expanded its Bitcoin exposure by investing in so-called "Bitcoin reserve companies" (namely, publicly traded companies that accumulate and hold Bitcoin on their balance sheets).

Yala Hacker mints 120 million YU on the Polygon network, has swapped 7.71 million YU obtained from sales for 1,501 ETH
The European Central Bank is planning to decide on the next steps for CBDC next month

You may also like

Share
copy

Gainers

Latest Crypto News

15:15

Coinbase Allegedly Posts 'OpenSea Public Sale Next Week' Tweet, Then Deletes It

15:15

Affected by the "Alleged Coinbase to Announce OpenSea IPO Next Week" news, the probability of related predictions on Polymarket experienced a sudden change.

14:45

Circle Mints 5 Billion USDC, Tether and Circle Minted a Total of 17.75 Billion USDT Stablecoins Following the '10/11' Market Crash

14:45

Silver Spot Price Hits All-Time High, Gold Reclaims $4200 per Ounce

14:15

The mainstream cryptocurrency experienced a short-term surge, and the "buddy" took the opportunity to reduce long positions at a high point.

Read more
Community
icon
icon
icon
icon
icon
icon
icon

Customer Support@weikecs

Business Cooperation@weikecs

Quant Trading & MMbd@weex.com

VIP Servicessupport@weex.com