U.S. investment giant Capital Group’s Bitcoin bets now worth over $6B

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So, apparently, Capital Group, this 94-year-old financial behemoth, decided to take a little gamble on Bitcoin. You know, the digital currency that sounds like a sci-fi concept, and they turned a measly $1 billion into over $6 billion in just four years. Yeah, just a *tiny* return. 🙄

  • Capital Group’s Bitcoin-linked investments now total over $6 billion. 💰
  • Their biggest bet? A solid 7.89% stake in Strategy, formerly known as MicroStrategy (but who’s counting?).
  • Public companies have accumulated over 1 million BTC-just to put that into perspective, that’s a LOT of Bitcoin. 🤯

Capital Group, who usually plays it safe with their $3 trillion in assets, suddenly got a bit frisky in 2021. Under the guidance of Mark Casey (who clearly has a flair for high-stakes decisions), they decided to acquire a $500 million stake in Strategy. And guess what? It worked out… to the tune of $6.2 billion. 😏

Casey, who apparently fell in love with Bitcoin after meeting its early advocate Wences Casares in 2013, thinks it’s “one of the coolest things that’s ever been created by people.” He’s really just a fan, okay? In a podcast interview, he even gushed about how Bitcoin is like “gold or oil” but in a *way cooler* form. ✨

Now, while the exact numbers aren’t crystal clear, we know that Capital Group turned an investment of less than $1 billion into more than $6 billion. Talk about a “complicated” math problem. 🙃

Bitcoin will surpass gold (Apparently)

According to Casey, Bitcoin could one day be worth more than gold. Yep, the shiny metal we’ve been obsessing over for centuries. And while he’s super bullish on Bitcoin, he’s not so impressed by other cryptos like Ethereum. I mean, let’s not get *too* wild here, people. 🤷‍♀️

“We view bitcoin as a commodity,” Casey said. Yeah, sure. Bitcoin, oil, and gold-basically the same thing, right? 💁‍♂️

New Corporate Bitcoin Treasuries Are a Thing Now

It turns out, Bitcoin isn’t just for eccentric tech bros anymore. Public companies like Strategy and Mara Holdings are hoarding Bitcoin like it’s going out of style. These companies, along with others, now collectively own more than 1 million BTC. Just let that sink in. A million. 😱

Strategy, the granddaddy of corporate Bitcoin holders, started the trend back in August 2020. Since then, Bitcoin’s price has skyrocketed, and we’re talking gains between 860% and 900%. That’s a good return on “just another gamble,” right? 😅

And now, even healthcare companies are jumping on the Bitcoin bandwagon. KindlyMD, fresh off its merger with Nakamoto Holdings, just picked up 5,743.91 BTC like it’s no big deal. 🤑

In fact, Trump Media & Technology Group, along with other public companies like Canada’s Rumble and Hong Kong’s HK Asia Holdings, have all announced their own Bitcoin treasuries. Seems like everyone wants in on the digital gold rush. 🏃‍♂️💨

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2025-09-15 10:10