As of January 13, 2025, Capital Group, one of the world’s largest investment firms with more than $2.3 trillion in assets under management, has become a significant shareholder in Metaplanet, a Japanese company known for its bitcoin (BTC) treasury strategy.
Originally involved in the hotel industry, Metaplanet shifted its focus in 2024 to adopt a bitcoin treasury approach, following the lead of Michael Saylor’s MicroStrategy (MSTR). The company now holds 1,762 BTC, making it the fifteenth-largest publicly traded bitcoin holder. Since implementing its bitcoin strategy in April 2024, Metaplanet has seen its stock price surge by over 1,700%.
Metaplanet’s CEO, Simon Gerovic, announced Capital Group’s increased stake via a post on X. In addition to this, Capital Group is the second-largest shareholder in MicroStrategy, with 18.4 million shares, or more than 8% of the company. Only Michael Saylor, MicroStrategy’s founder and Executive Chairman, holds a larger stake. Other notable investors in MicroStrategy include Vanguard Group, Morgan Stanley, and Jane Street Group.
This move by Capital Group highlights the growing institutional interest in bitcoin and cryptocurrency-related companies. Metaplanet’s decision to integrate bitcoin into its treasury strategy reflects a larger trend of corporate adoption, further solidifying its position as a leader in the evolving crypto landscape.
