As of January 13, 2025, Capital Group, one of the largest investment firms globally with over $2.3 trillion in assets under management, has become a significant shareholder in Metaplanet, a Japan-based company that has made waves in the crypto space with its bitcoin (BTC) treasury strategy.
Metaplanet, which initially focused on hotel industry investments, shifted its focus in 2024 to adopting a bitcoin treasury model similar to that of Michael Saylor’s MicroStrategy (MSTR). This strategy has led Metaplanet to hold 1,762 BTC, making it the fifteenth-largest publicly traded bitcoin holder. Since implementing this strategy in April 2024, the company’s share price has skyrocketed by more than 1,700%.
Capital Group’s increased stake in Metaplanet was highlighted by Metaplanet CEO Simon Gerovic in a post on X. In addition to this new investment, Capital Group is also the second-largest shareholder in MicroStrategy, owning 18.4 million shares, or more than 8% of the company. Only Michael Saylor, the founder and Executive Chairman of MicroStrategy, holds a larger stake. Other notable investors in MicroStrategy include Vanguard Group, Morgan Stanley, and Jane Street Group.
This significant move by Capital Group highlights the growing interest in companies that adopt bitcoin as a treasury asset, following in the footsteps of established players like MicroStrategy.
